https://ift.tt/lhIHWo6 Inu (SHIB) Gains Overshadowed by 15% Decline Over Last 24 Hours

• Binance Custody, a cryptocurrency assets insurance platform added Shiba Inu.
• The price of land on Shiberse is set to vary according to its location.

The developers behind the meme-inspired cryptocurrency Shiba Inu ($SHIB) have revealed they plan to release 99,000 plots of land in the Shiberse, the cryptocurrency’s upcoming Metaverse. 35,000 of those plots will be sold to $LEASH token holders.

The Shiberse is set to be released in different phases, according to comments made during a Shiba Inu AMA event hosted by Watcher Guru. As Business Insider reports, the developers behind the project are planning a 10-day sale of digital land where 35,000 plots are set to be sold.

The price of land on Shiberse is set to vary according to its location, with land closer to the center of the park – a dog park at the center of the cryptocurrency’s Metaverse – costing more. LEASH token holders are set to be given early access to the plots of land through a dedicated portal through which they can buy land. Users must lock their LEASH holdings to access the sale, with the lock-in period being shorter if they lock up more tokens.

Addition to Binance Custody

The price of the Shiba Inu coin — the meme-based cryptocurrency — has seen a considerable rise in value in recent weeks, recovering some of the losses from a recent dip. Binance Custody, a cryptocurrency assets insurance platform, recently added Shiba Inu coin to its platform, allowing more people to have insurance against the cryptocurrency. Shiba Inu coin jumped about 7% after the announcement, showing a rise in value yesterday. But it went down almost 15% today due to the ongoing rift between Russia and Ukraine.

According to CoinMarketCap, the Shiba Inu price today is $0.000022 USD with a 24-hour trading volume of $2,527,540,197 USD. Shiba Inu has been down 14.85% in the last 24 hours.