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SHIB Lead Roasts Dogecoin Gaming Update Ahead of P2E Launch

SHIB Lead Roasts Dogecoin Gaming Update Ahead of P2E Launch

DailycoinDailycoin2024/08/12 19:30
By:Dailycoin
  • SHIB’s lead developer chimes in to have a dig at Dogecoin’s gaming venture.
  • The SHIB vs. DOGE battle extends to Binance’s Shiba Inu-themed post on X.
  • Both top dog coins fetched double-digit gains since hitting bear cycle bottoms.

Dogecoin (DOGE) and Shiba Inu (SHIB) are preparing to debut in blockchain gaming. As Jordan, the CEO of MyDoge Wallet, posted a sneak peek of an upcoming Dogecoin RPG game, the 4-second snapshot wasn’t left unnoticed by SHIB.

SHIB Versus DOGE Game-Off Draws Attention

Shytoshi Kusama, the lead developer of Shibarium, took a jab at Jordan, captioning “**Laughs in Shiba Eternity**.” Shiba Inu’s popular card game Shiba Eternity is transitioning from mobile devices to Web3, offering players a welcome package to kick off fights in the Dogjo.

**Laughs in Shiba Eternity** https://t.co/LVRpCAhIrH

— Shytoshi Kusama™ (@ShytoshiKusama) August 9, 2024

Other SHIB Army members responded with their digital cards. SHIB enthusiast Bonoshi pulled out the ‘LOL’ spell card while SHIB Mehta unfolded a ‘Hedge of Protection’ move. Shiba Eternity’s new version marks a critical shift from simple in-game trading cards to live on-chain assets the player owns.

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The Shiba Inu Games team has also recently introduced the Shibatopia Arena, including online tournaments with real cash or crypto prizes. The blockchain version of Shiba Eternity is based on an immersive ranking system, going from White Belt to Grand Master.

“Guardian of the Crypto Universe” Slides Further

Following the Shiba Inu vs. Dogecoin Play-to-Earn (P2E) showdown, Binance piqued the interest of both Armies in a weekend post on X. Labelling the breed a “Guardian of the crypto universe,” Binance’s post sparked a captivating contest between SHIB enthusiasts and DOGE holders, posting corresponding hashtags and memes.

Guardian of the crypto universe.

📸 @JesuslVivas pic.twitter.com/3J9ge4UU7P

— Binance (@binance) August 10, 2024

The post of the globe’s largest crypto exchange alludes to the Battle of the Meme Dogs competition, which started on July 16, 2024. Crypto aficionados on Binance could choose their team and race each other for a $100,000 prize pool in token vouchers. 

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Despite the successful SHIB vs. DOGE duel on Binance, both cryptos softly rebounded after hitting three-month lows on August 5, 2024. A week after Bitcoin (BTC) briefly slipped below $50,000, DOGE recouped 27.3%, continuing to hold above $0.10.

As for SHIB, the 25.2% weekly upswing restored some investor confidence to boost SHIB back above $0.000014. Bouncing back from quarterly lows at $0.00001112 on August 5, 2024, the Shiba Inu coin’s on-chain signals remain mixed. While the Relative Strength Index (RSI) kept below 50 on the daily charts, SHIB’s Chaikin Money Flow (CMF) dwelled below zero, hinting at large position sell-offs on the market.

On the Flipside

  • Shiba Eternity’s P2E version on Shibarium hasn’t launched yet, even though the mobile version players can already claim the welcome gift on the Web2 version.
  • Dogecoin’s RPG game doesn’t have a launch date or information about its development progress despite DOGE holders enquiring about it on X.

Why This Matters

Blockchain gaming allows players to own their virtual gaming equipment as digital assets, potentially yielding additional revenue from their gaming experience.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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