Exploring the Shiba Saga Project & Analyzing the SHIA Coin

8 months ago 139
Exploring the Shiba Saga Project & Analyzing the SHIA Coin-article

Moving forward, we’ll archetypal screen the basics of the Shiba Saga crypto project. We’ll explicate what it really is and besides look astatine its team, community, roadmap, and more. Then, we’ll absorption connected the SHIA coin. Among different aspects, we’ll screen the asset’s tokenomics and utility, which volition assistance you recognize what benignant of coin $SHIA is.

With the fundamentals of the Shiba Saga crypto task and its autochthonal currency, the SHIA token, nether our belts, we’ll absorption connected the SHIA crypto coin’s price. As such, we’ll look astatine the disposable terms information for this caller asset, execute a basal TA, and adjacent connection immoderate speculative terms predictions.

All successful all, the pursuing sections volition assistance you find whether oregon not $SHIA deserves your attention. However, erstwhile it comes to deciding if and erstwhile you should bargain the SHIA coin, you’ll privation to usage Moralis Money

Not lone is the second the champion spot to probe and bargain $SHIA, but it is besides the eventual instrumentality to spot different large altcoin opportunities early.

SHIA Coin task  authoritative  website

What is Shiba Saga?

Shiba Saga is simply a caller meme/GameFi crypto task paying tribute to the fashionable Shiba Inu canine breed. The project’s roots scope backmost to the extremity of 2022 erstwhile the SHIA squad created the project’s socials and published its “woofpaper” (a.k.a. whitepaper).

Shiba Saga X (formerly Twitter) relationship  page

Note: Shiba Saga's authoritative website, the above-mentioned whitepaper, and the project’s socials are the sources of each the accusation provided herein.  

While the squad down the Shiba Saga crypto task classifies their task arsenic a meme coin with utility, it would beryllium technically much suitable to springiness it the GameFi label. After all, according to the project’s plans, an full ecosystem of games is scheduled to launch, allowing players to gain crypto assets (mainly NFTs).

As such, arsenic soon arsenic the squad delivers connected these promises, Shiba Saga volition beryllium a due P2E platform. 

The project's website already hints that we tin soon expect Shiba Kart and Shiba Crush games. Plus, the website further outlines that users volition beryllium capable to gain the SHIA crypto coin by playing the games they already cognize and like. After all, the squad plans to usage fashionable classical games and adhd the twist of having Shiba San as the main character.

The task further promises that each the games wrong the Shiba Saga crypto ecosystem volition beryllium interconnected. So, spending and earning $SHIA volition beryllium imaginable successful each of them. Plus, the quality oregon collectible NFTs unlocked successful 1 crippled volition person their counterparts unlocked successful the different games arsenic well.

The Shiba Saga squad besides promises to commencement moving on ShiaVerse right aft releasing the archetypal batch of the Saga games. ShiaVerse will beryllium a VR metaverse wherever NFTs collected successful the Saga games volition person a peculiar purpose. 

Shiba Saga Team

In the crypto space, determination are galore projects with anonymous teams. That is particularly the astir communal signifier among meme coin projects. However, erstwhile it comes to projects that see products/services, specified arsenic the Shiba Saga games, it is usually amended if teams are afloat doxxed. That way, radical thin to beryllium much accountable, improving the transportation rate. That is the lawsuit of the Shiba Saga project’s team; it is afloat doxxed.

SHIA Coin squad  displayed

The supra screenshot shows each the large members, with Carlos arsenic the skipper of this ship. If you privation to analyse the squad further, usage LinkedIn, X (formerly Twitter), and different socials. For instance, this is the task CEO’s X account:

Shiba Saga Crypto Project-CEO-Twitter-account

$SHIA Community

Most crypto projects are good alert of the value of a beardown community, and the Shiba Saga crypto task is nary exception. As such, the task already offers aggregate channels wherever anyone tin articulation the SHIA community.

At the clip of writing, users who privation to articulation this emerging GameFi task get to take betwixt X (formerly Twitter), Telegram, Instagram, and Discord.

To debar landing connected immoderate scammy channels, we urge accessing immoderate of the aforementioned outlets via Shiba Saga's authoritative website. There, you tin usage the “Team” enactment successful the apical paper oregon simply scroll to the bottommost of the project’s homepage:

Shiba Saga Community Page

Roadmap

You tin find a alternatively wide roadmap connected the project's authoritative website and wrong the whitepaper. The second besides indicates the already reached milestones. Here’s the roadmap from the woofpaper:

Shiba Saga crypto task  Roadmap

However, the whitepaper is not dynamic but is simply a static PDF document. So, for a much updated version, work the roadmap conception connected the homepage:

Shiba Saga crypto task  Roadmap connected  homepage

What is the SHIA Coin?

The SHIA coin is the ecosystem’s autochthonal cryptocurrency. It is an ERC-20 token that went unrecorded connected the Ethereum concatenation connected August 22, 2023. While the Saga games are nether development, the halfway inferior of the SHIA crypto coin is inactive connected standby. However, anyone with net entree and a Web3 wallet, specified arsenic MetaMask, tin already commercialized the SHIA token.

SHIA coin-minting-tnx-on-Etherscan

SHIA Crypto Coin Tokenomics

  • Symbol/ticker/name: SHIA oregon $SHIA
  • Network: Ethereum
  • Token type: ERC-20
  • Smart declaration address: 0x43D7E65B8fF49698D9550a7F315c87E67344FB59
  • Maximum full supply: 10,000,000,000 $SHIA
  • Token allocation and distribution:
    • 38% rewards
    • 38% presale
    • 10% team
    • 5% liquidity
    • 4% marketing
    • 3% ecosystem fund
    • 2% advisors
SHIA coin allocation and vesting schedules

Use Cases

At this point, you already cognize that the SHIA coin is the Shiba Saga crypto ecosystem’s autochthonal token. As such, it is poised to service arsenic a inferior token for the Saga games and ShiaVerse.

The specifics regarding the SHIA crypto coin's usage cases wrong the games and the ShiaVerse person not yet been revealed. However, according to the project’s authoritative website and whitepaper, players volition beryllium capable to walk and gain the SHIA token wrong the ecosystem.

The SHIA squad has, truthful far, shared immoderate accusation astir buyback and pain features. According to woofpaper v1.6, Shiba Saga aims to revolutionize the earning exemplary for Web3 games. Their attack is to not exclusively absorption connected crypto but to connection Saga games to non-crypto gamers arsenic well. Furthermore, the squad promises to usage income generated from their non-crypto users (via ads and in-app purchases) to bargain backmost $SHIA and pain that stack.

For further awards, users volition besides beryllium capable to involvement the SHIA coin. By utilizing this enactment anterior to launch, $SHIA holders get to bask an further reward multiplier. According to the project’s whitepaper, staking rewards volition travel successful the signifier of $SHIA arsenic good arsenic exclusive in-game and assemblage NFTs.

Aside from the aforementioned rewards, those who involvement volition besides get governance rights. So, the much $SHIA holders stake, the greater their voting power.

SHIA coin inferior  outlined

What Type of Coin is $SHIA?

From a method perspective, the SHIA coin is an ERC-20 token. This means it lives connected the Ethereum blockchain, pursuing the astir fashionable token modular (ERC-20).

On the different hand, from a class and inferior perspective, $SHIA tin besides beryllium classified arsenic a GameFi oregon a P2E token. Plus, since SHIA holders volition beryllium capable to gain much SHIA by staking it, it is not incorrect to accidental that this crypto plus besides has a DeFi nature.

Nonetheless, arsenic stakers are promised definite governance power, the plus whitethorn besides beryllium labeled a governance token. 

SHIA Coin Price Analysis

If you are chiefly funny successful making immoderate bully profits by trading the SHIA coin, past this conception is for you.

Stay up of the markets with real-time, on-chain information insights. Inform your trades with existent marketplace alpha!

$SHIA-crypto-coin-price-action

Looking astatine the supra image, you tin spot the full terms enactment for the SHIA token. After being listed connected Uniswap connected August 22, 2023, astatine $0.003954, the terms of $SHIA went connected rather a run. The asset’s worth reached the $0.098-ish level aft the archetypal hr of trading. That was a much than 24x increase!

The archetypal $SHIA pump was backed by accrued on-chain activity, and Moralis Money users - the ones on Starter and Pro plans - were capable to spot SHIA’s expanding momentum. As such, galore traders successful the cognize got their bags of this GameFI token successful its 2nd hr of trading. Those with the champion timing were capable to participate astatine arsenic debased arsenic $0.059-ish.

However, the model for specified discounted prices closed fast. After all, the SHIA coin rallied further and reached $0.3929 wrong the archetypal 13 hours aft listing.

Following that section high, the Shiba Saga crypto plus retraced astir 50% and took a abbreviated pause. Again, determination were respective Moralis Money users who utilized this consolidation play to bargain SHIA astatine arsenic debased arsenic $0.1945.

The SHIA token stayed astir this level until August 24, 2023, erstwhile it started to summation successful worth again. Over the adjacent 55 hours, the plus accrued by astir 300%. Of course, determination were immoderate pullbacks on the way, but thing major. However, aft mounting the existent all-time precocious (ATH) astatine $0.7928 connected August 26, 2023, the token started to suffer its momentum.

Post SHIA ATH Price Action

From its existent ATH, the Shiba Saga crypto plus pulled backmost astir 50% implicit the adjacent 2 days. As such, the token recovered impermanent enactment astatine the $0.4-ish region, which served arsenic absorption and enactment before. But connected August 29, 2023, that enactment failed to hold, and the SHIA crypto coin retested the $0.33-ish level.

So far, that level has held strong, and astatine the clip of writing, the Shiba Saga crypto token is attempting to interruption backmost into the $0.4-ish region.

$SHIA-price-chart-TA

Technical Analysis (TA) of the Shiba Saga Cryptocurrency

It’s worthy pointing retired that we indispensable enactment with a constricted magnitude of terms information for $SHIA. After all, the plus has lone been trading for somewhat implicit a week. Thus, our TA is alternatively limited. However, we tin inactive usage the asset's four-hour illustration to find indispensable terms levels.

So, looking astatine the supra image, you should beryllium capable to spot bluish horizontal lines. They people each the astir important levels of enactment and absorption for the SHIA crypto coin. 

We besides added a downsloping trendline (white line). The second shows you that the token’s terms conscionable broke retired and is dealing with the supra resistance. 

SHIA Coin Price Prediction - Future Forecast

The supra TA tells america that the Shiba Saga crypto plus is astatine a alternatively important point. After revisiting the apical of the archetypal pump, turning it into support, and breaking retired of the downsloping trendline, $SHIA has a bully accidental of going connected different run.

Of course, for that to happen, the plus indispensable summation further trading measurement and interruption supra the $0.4-$0.41-ish region. In lawsuit that script were to play out, the astir apt terms predictions are the highlighted levels above.

However, successful lawsuit the token doesn’t negociate to stitchery capable strength, the SHIA terms whitethorn revisit the $0.32-ish level. And successful lawsuit the full crypto marketplace was to plunge further, $0.2-ish would astir apt travel into play. So, these are the astir apt abbreviated to mid-term terms predictions for SHIA.

However, erstwhile it comes to altcoins with comparatively debased marketplace caps, terms moves tin beryllium immense and hap fast. As such, it is not intolerable for $SHIA to acceptable a caller ATH sooner alternatively than later.

In that case, the token would participate terms find mode. Consequently, we tin usage the Fibonacci retracement instrumentality to find however precocious it whitethorn go. The astir optimistic level (the “4.236” extension) points to $2.3-ish. 

Shiba Saga crypto-price-prediction-using-Fibonacci-retracement-tool

However, it is important to support successful caput that SHIA’s circulating proviso is not fixed. It volition summation arsenic the tokens unlock, which volition besides impact the token’s price. 

Should-you-buy-or-not-SHIA-token

Should You Invest successful the SHIA Token?

Based connected the above-covered sections, you should beryllium capable to determine whether oregon not you find SHIA interesting. If yes, past you ought to probe this crypto further utilizing Moralis Money's $SHIA token page. 

With that instrumentality successful your corner, you’ll beryllium capable to reply the supra question with confidence. Plus, acknowledgment to the real-time, on-chain metrics (a.k.a. alpha metrics) it offers, this leafage volition besides assistance you get the timing of your $SHIA commercialized right. After all, on-chain enactment ever precedes terms action!

So, travel the “$SHIA” nexus supra oregon usage the interactive widget beneath to probe the SHIA coin: 

Best Place to Buy $SHIA

Once connected the above-presented page, you’ll beryllium capable to spot the Moralis Money instant crypto swap feature:

Where-to-buy-SHIA-token

Since you’re already utilizing that leafage to probe the asset, it is evidently the astir applicable way to buying $SHIA. However, speech from being user-friendly and offering unthinkable speed, this swap diagnostic is besides 1 of the safest and astir affordable options.

So, if you determine to get your container of the SHIA crypto coin, link your wallet and execute a swap. 

Note: If you are caller to crypto swapping, cheque retired our step-by-step usher connected how to swap ERC-20 tokens

Exploring the Shiba Saga Project & Analyzing the SHIA Coin-Moralis-Money

Exploring the Shiba Saga Project & Analyzing the SHIA Coin - Key Takeaways

  • The Shiba Saga crypto task is simply a caller and highly ambitious GameFi task that has its roots successful precocious 2022.
  • One of the project’s milestones was the motorboat of its autochthonal token, SHIA, which went unrecorded connected August 22, 2023.
  • The SHIA coin volition person aggregate usage cases, including in-game purchases and earnings, rewards, staking, and governance.
  • At the clip of writing, the SHIA terms sits astatine a alternatively important level. And a probability of moving upwards being somewhat much likely. 
  • To find if and erstwhile to bargain $SHIA, usage Moralis Money’s $SHIA leafage and probe the task further.
  • On that page, you tin besides bargain SHIA without breaking a sweat oregon the bank.

Whether you determine to bargain $SHIA oregon not, support successful caput that determination are galore different altcoin opportunities. After all, the mean altcoin tends to summation by 50-70x during a bull market. So, now's the champion clip to larn however to find tokens earlier they pump.  

Fortunately, acknowledgment to Moralis Money's halfway feature, Token Explorer, spotting altcoins with imaginable has ne'er been simpler. All it takes is simply a mates of clicks! 

Plus, you tin tally preset oregon unsocial strategies crossed each starring chains. This includes Ethereum, BNB Chain, Polygon, Fantom, and others. As such, you tin commencement spotting altcoin opportunities among meme coins (e.g., DOBO) and different projects with much tangible usage cases (e.g., OPNX, ESPR, BAZED, etc.). 

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