From its early days, the cryptocurrency market has had close ties to the gaming community. Back in 2011 when Bitcoin was still unknown to nearly everybody, there were several gaming communities that had begun the implementation of such payment method. Some say that there existed platforms that gave free Bitcoin (BTC) to players.
The cryptocurrency market is very diverse. Moreover, it is made up of different sectors such as the Non-Fungible Token (NFT) sector and the memecoin sector. Recently, the NFT sector has gotten all the attention. With the Metaverse coming up, everyone is extremely hyped. Moreover, even corporations have joined in the hype. Nike has recently bought a Metaverse clothing brand. On the other hand, Adidas has teamed up with BAYC and launched its first-ever NFT collection.
Play-to-Earn (P2E) games were around long before the Metaverse got trending. One of the most famous P2E games is Axie Infinity. By playing this game for around two hours each day, people are making more than $1,000 per month. For people living in developing countries, $1,000 is more than enough.
One such game is Shiryo-Inu. Shiryo-Inu is an NFT trading card game. Although it is quite different from Axie Infinity, both of them are P2E games that operate on the Ethereum blockchain.
Shiryo Inu (SHIRYO-INU) Fundamental Analysis
So what is Shiryo-Inu and how does it work? Well, as mentioned above, Shiroyi-Inu is a crypto project operating on the Ethereum network. The founders of this project are Jordan Fung and Morgan Gorny. At the time of writing, Fung is the Chief Executive Officer (CEO) while Gorny is the Chief Marketing Officer (CMO) or the project. Their team is made up of the DApp Development team, Web Development and Design team, Illustrators team, Marketers team, Moderators team, and Designers team. Every crypto requires a good team composition to be successful, and Shiryo-Inu has that.
Their whitepaper shows that the Shiryo-Inu ecosystem will consist of the SHIRYO-INU token, several P2E games, staking programs, and the Shiryoverse. Everything will revolve around the trading card game at first, but this will change as the team goes further on their roadmap.
Shiryo Tokenomics
This P2E game is powered by the SHIRYO-INU token. Because Shiryo-Inu operated on the Ethereum blockchain, the SHIRYO-INU token is an ERC-20 token. This crypto project focuses on achieving goals more than marketing its products. Unlike tokens such as SafeMoon, Shiryo-Inu wants to spend more time working on the project and less time on marketing. According to their whitepaper, the trading card game is the first step towards building the Shiryo-Inu ecosystem.
The maximum supply of SHIRYO-INU will be one quintillion (1,000,000,000,000,000,000). There was no presale or team tokens distributed and 100% of the token sale was part of a fair launch. Moreover, 10% of each NFT sale will go towards buying SHIRYO-INU tokens back and burning them. For each transaction, an 11% tax is imposed. This token is a reflective token, therefore, 3% of each transaction will go back to Shiryo holders (HODLer).
Shiryo Inu Roadmap
The Shiryo-Inu Roadmap is divided into four parts. Each of these parts represents a quarter of the year 2022. For Q1 2022, they will initiate the first land sale for the Shiryoverse. Additionally, they will focus on exchange listing expansion, launching a merch store, and hosting an NFT card reveal.
During Q2 2022, the long-awaited game will be fully launched. Other than that, they will release the Shiryo manga and launch the Shiryo Decentralized Autonomous Organization (DAO). Through the Shiryo DAO, the team wants to make the future of this crypto project fully community-driven.
As for Q3 2022, the most interesting event will be the release of the Shiryo Anime. The rest of Q3 will consist of metaverse expansions, game updates, NFT pack releases, and marketing. Furthermore, the Shiryo-Inu team will continue to apply for listings in different exchanges.
For Q4 2022, the team will focus on upgrading their Metaverse and implementing VR and AR technology. They will also launch the Shiryo TCG mobile application and release a physical card pack and gameboard.
Shiryo Inu Avatars
Shiryo-Inu is a Play-to-Earn (P2E) game that operates using NFTs. Therefore, you cannot play this game without minting an NFT avatar. At the time of writing, the only place where you can mint such an avatar is the official Shiryo-Inu website. Moreover, minting 1 such avatar will cost you 0.05Ξ (Ξ stands for ETH), minting 5 will cost you 0.25Ξ, minting 10 will cost you 0.45Ξ, and minting 20 pieces will cost you 0.85Ξ.
Shiryoverse
At the time of writing, the Metaverse is one of the most hyped things in the cryptocurrency space. People are selling and buying land plots for hundreds of thousands of dollars. As mentioned above, Shiryo-Inu will be launching its own Metaverse to fulfill its goals. Their Metaverse is called Shiryoverse and the first land sale for it will occur sometime during January-April 2022. The land plots will be similar to other blockchain games such as the Sandbox and Ember Sword.
According to their whitepaper, the Shiryoverse will include everything necessary for people to take a break from the real world. The Shiryoverse will be filled with battle arenas, stores, and social spaces. This will make it an interactive space for all kinds of people. Since the game is divided into four elements (Earth, Water, Air, Fire), the Shiryoverse will also be divided into spaces that relate to each element of the card game.
Only 10% of the social spaces, battle arenas, and tournaments will be reserved for the team. The remaining 90% is going to go through a fair distribution process. The max supply of the land will not be tampered with. This means that there will never be more land than there was initially.
You can use your land to store or train your beasts. Moreover, if you are looking to make some passive income, you can also rent out your land plots to others.
Shiryo Inu (SHIRYO-INU) Price Analysis
According to CoinMarketCap, Shiryo-Inu joined the market in early November 2021. Around the 6th of November, Shiryo-Inu was trading at $0.000000000045 and had a trading volume of $4.51 million. On the 16th of November 2021, Shiryo-Inu reached an all-time high of $0.000000000667. This token’s price bounced between $0.000000000081-$0.000000000312 throughout November. By the end of November 2021, Shiryo-Inu had fallen to as low as $0.000000000056.
In December 2021, Shiryo-Inu entered the month with a trading value of $0.000000000061. During the second week of December 2021, Shiryo-Inu started an uptrend that is still going on. On the 17th of December 2021, Shiryo-Inu skyrocketed and reached a price of $0.000000000112.
At the time of writing, Shiryo-Inu has a trading value of $0.000000000071 and a market capitalization of $70 million. Moreover, it has a trading volume of $4.96 million.
Shiryo Inu (SHIRYO-INU) Market Price Prediction
Because Shiryo-Inu is new to the cryptocurrency market, just a few websites have come up with their price predictions regarding this token.
CoinCodex
CoinCodex is an algorithm-based cryptocurrency forecast website. They continuously provide their users with algorithmic predictions regarding different cryptocurrencies. Recently, they released their price prediction for Shiryo-Inu. According to their statistics, Shiryo-Inu is still just preparing. Their forecast shows Shiryo-Inu in a bull market throughout the next weeks. Additionally, their Shiryo-Inu price prediction gives the token a trading value of $0.000000001131 by the 9th of January 2022. This would mean a 1200% increase for the token in just some days.
Jamie Tech
One of the few YouTubers that covered Shiryo-Inu is Jamie Tech. He has been covering different cryptocurrencies and tokens lately. Jamie Tech highlights the potential that Shiryo-Inu has for the future. Moreover, he shows the growth this token experienced from when it first launched in November and claims that this growth is set to continue even more. Then, he goes on to mention the upcoming products of this project and how they can affect the market performance of the token. To wrap it up, he states that he believes that Shiryo-Inu could “eat up another zero”, meaning that it could experience an x10.
Crypto Academy Price Prediction
After careful analysis of the market around Shiryo-Inu, we at Crypto Academy came up with our own price forecast. To present such a prediction, we combined both fundamental and technical analysis to create a realistic prediction.
Shiryo Inu (SHIRYO-INU) Price Prediction 2022
The year 2021 has been crazy for cryptocurrencies. In 2021, Mass adoption began taking place. All kinds of corporations started hiring teams and projects to aid them in the process of blockchain adoption. Moreover, Facebook, the biggest media giant, rebranded to Meta, as in Metaverse. They also unveiled plans for creating their own ecosystem. This news is all bullish for the market. Because of everything that is happening in the market, 2022 could be a great year for Shiryo-Inu. By the end of 2022, Shiryo-Inu could continue being volatile and reach a price of $0.000000004100.
Shiryo Inu (SHIRYO-INU) Price Prediction 2023
As for 2023, the market could take some time to cool off after two years of massive-scale growth and adoption. After setting an all-time high in 2022, Shiryo-Inu’s price could fall a bit. After the correction, Shiryo-Inu could start a slow uptrend. This may lead to the token going near the all-time high that it reached in 2022. Nevertheless, our indicators show that the token may not be able to break the resistance around that price just yet. Shiryo-Inu might end the year 2023 with a trading value of $0.000000002310.
Shiryo Inu (SHIRYO-INU) Price Prediction 2024
Every four years, the Bitcoin halving event occurs. This event previously occurred in 2020 and is set to happen again in 2024. Whenever this event occurs, the market tends to get extremely bullish. This was seen during late-2020 and throughout 2021. By then, we believe that the cryptocurrency market will have achieved a high level of adoption. Although Shiryo-Inu may have a slow start to the year, as the third and fourth quarters of 2024 come closer, the price of Shiryo-Inu could increase tremendously. By the end of 2024, Shiryo-Inu may reach a trading value of $0.000000063410.
Shiryo Inu (SHIRYO-INU) Price Prediction 2025
The year 2025 could be even better for the cryptocurrency market. Because the whole market is likely to be bullish during 2025, so is Shiryo-Inu. Other than that, there are several other reasons why Shiryo-Inu is likely to be bullish in 2025. First off, the manual burns will burn more and more tokens as the project gets more users. Secondly, until 2025, most of the products planned to launch during 2022 could reach their peak. Lastly, Shiryo-Inu could take over the Play-to-Earn (P2E) until then, which may positively affect its price. By the end of 2025, Shiryo-Inu is likely to reach a potential price of $0.000000213000.
Shiryo Inu (SHIRYO-INU) Price Prediction 2026
Whether Shiryo-Inu will ever reach $1 is not certain. The current max supply of Shiryo-Inu makes it impossible for Shiryo to ever reach that price target. However, Shiryo-Inu has great manual burn strategies implemented onto its tokenomics. Although manual burns may not really push the price of the token so high, they will most certainly help. The only thing that can make Shiryo-Inu reach a trading value of $1 is if changes happen to its core contract. If the token undergoes a migration of tokens with a ratio of 100000:1 or something similar, reaching $1 is possible. If no changes happen to Shiryo-Inu’s tokenomics and contract, it could end the year 2026 with a trading value of $0.000000435100.
How to Buy Shiryo Inu (SHIRYO-INU)?
At the time of writing, you can buy Shiryo-Inu using Uniswap and BitMart. If you are new to the cryptocurrency space and are not familiar with the processes of decentralized exchanges, it is suggested that you use BitMart.
Step 1: Create an Exchange Account
Creating an account in BitMart is very easy. When you are registering your account, must choose if you want to open the account using your email or phone. After choosing your preferred method, you must select a password and you are ready to go.
Step 2: Fund Your Account
Now that you have opened your BitMart account, you will need to fund it so that you can buy Shiryo-Inu. Similar to the first step, this step is very easy. All you have to do is choose the payment method, select the cryptocurrency you want to purchase and click on buy. Many people suggest that you initially buy USD Tether.
Step 3: Buy SHIRYOINU
After funding your account, you are all set to buy Shiryo-Inu. To do so, simply go to “Markets” and search for a Shiryo-Inu market pair. We suggest you use the SHIRYOINU/USDT market pair because of the liquidity it provides. After locating that market pair, simply enter the amount of USDT you want to use and buy SHIRYOINU and press “Buy”.
FAQ
Is Shiryo Inu (SHIRYO-INU) a good investment?
Yes. Shiryo-Inu has all the elements needed to strive in the cryptocurrency market. Moreover, it has the potential to outperform all of its competitors. Mass adoption has just begun and we have a long way to go before this market reaches its peak. However, though, this is not financial advice. Please do your own research when it comes to investing in the cryptocurrency market.
Will Shiryo Inu (SHIRYO-INU) ever reach $1?
Maybe. If Shiryo-Inu keeps the same tokenomics and does not tamper with the supply it has, it is impossible for this token to reach $1. Nevertheless, we must note that several cryptocurrency projects such as Elrond have adjusted their supply over time. If the upcoming Shiryo-Inu DAO decides to do so, this token may just reach $1.
Will Binance list Shiryo Inu (SHIRYO-INU)?
Maybe. Binance is very strict when it comes to listing new cryptocurrencies and tokens. Until today, only a handful of tokens similar to Shiryo-Inu have gotten listed in this exchange. However, Binance also has the largest number of listed cryptocurrencies and tokens. This gives a ray of hope for the listing of Shiryo-Inu. Whether Binance lists this token depends on how seriously the team of Shiryo-Inu works towards the development of their project.
Also Read:
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Takeaways
- The cryptocurrency market and blockchain technology have experienced massive adoption in 2021.
- Play-to-Earn (P2E) games have been getting huge attention lately. One of the biggest P2E games is Axie Infinity.
- One such game is Shiryo-Inu. Unlike Axie Infinity, however, Shiryo-Inu is an NFT-based card trading game.
- This project has many upcoming products. Some of them are Shiryo merchandise and the Shiryoverse.
- The Shiryo token has a maximum supply of 1 quadrillion tokens. Yet, this supply will decrease over time because of manual burns.
- Because Shiryo-Inu is a low capitalization token, it has a lot of room to grow.
- Moreover, this project has solid plans for the future, making it even more valuable.
- All in all, Shiryo-Inu may be worth investing in. This token has all the elements needed to skyrocket.