Could Shiba Inu Win in the Metaverse?

Shiba Inu (CRYPTO: SHIB) has lost some of its luster since soaring 45,000,000% last year. The popular meme token has slipped about 37% so far this year. And at today's price, more Shiba Inu holders are losing money than making money, according to IntoTheBlock data.

One big concern about this crypto player is its limited utility. In recent days, though, Shiba Inu announced something that could expand utility -- and in one of the world's hottest new areas. I'm talking about the metaverse. These are virtual worlds where users can buy land, build houses, and take part in a many other virtual activities. Shiba Inu says it's on the way to launching the "Shiberse." Can Shiba Inu's project be a metaverse winner? Let's find out.

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Source Fool.com