Shiba Inu (SHIB) arguably became the most famous cryptocurrency in the world last year.
Launching in August 2020, SHIB experienced a simply tremendous 2021, surging 46,000,000% during the year as it swiftly rose up the ranks to become a top 15 cryptocurrency, measured by market cap, according to data from CoinMarketCap.
While, SHIB at the time, didn’t possess any sort of intrinsic value, the hype around the project just kept increasing and FOMO played a part in its rise.
FIREPIN Token (FRPN) is different from Shiba due to the fact that they have aims and objectives on what they want to try and achieve in the DeFi space. Whilst Shiba was launched as a rival meme coin to Dogecoin (DOGE).
Is FIREPIN Token (FRPN) ready for its next step?
With the launch of FIREPIN Token (FRPN) on May 27th, there is just over three weeks remaining of its presale with the project set to enter its third phase in just six days.
It’s been a hugely successful presale for FIREPIN, it began its presale with a starting price of $0.000067 and now sits at a price of $0.002493, at this time of writing.
FRPN has been very methodical in their methods ahead of its upcoming launch and its support of the virtual world and blockchain sector in the digital asset industry is one that has gained them a loyal following.
FRPN tokens will be available on the Binance Smart Chain (BSC), Polygon (MATIC), and Ethereum (ETH) networks with the multi-chain deployment between Ethereum and Avalanche (AVAX) set to be launched in the second quarter of 2022.
With FIREPIN aiming at solving the interoperability issues within the crypto industry, the ability for users to have access to different blockchains and be able to choose which is best for them represents the decentralised theme of cryptocurrency.
Ahead of its launch, FIREPIN aims to launch FRPN on PancakeSwap (CAKE), one of the world’s leading decentralised exchanges as well as aim to get listed on both CoinGecko and CoinMarketCap.
FIREPIN Token has the potential to reach great heights in its journey within the digital asset sphere and that journey begins on May 27th.
Shiba Inu (SHIB) makes inroads in metaverse venture
While their current cryptocurrency performance is nothing to write home about with an 11.0% dip in the past seven days, Shiba Inu (SHIB) has made progress with its metaverse.
Holders of the SHIB token can now officially use the cryptocurrency to buy land in Shib: The Metaverse.
The Shiba team took to Twitter on Wednesday to announce the news with 100,595 different pieces of land available for purchase on the virtual reality platform.
Landowners in the SHIB: The Metaverse will have the capacity to generate passive income through the metaverse.
They will also have the ability to gather in-game resources and generate rewards, however, the news has yet to be revealed.