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Shiba Inu Price Crashes 10%, Metaverse Coin Metaworldpad up by 850% – Analytics Insight

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According to the crypto experts, these are two cryptocurrencies that
Key Points The recent bull run reached new ATHs The
The increasing usage of humanoid robots as companions is introducing
These top Indian AI startups are revolutionizing the Indian tech
Several talented tech professionals are aiming for AI jobs in
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The cryptocurrency market has been looking extremely gloomy recently. Digital currencies, including top memecoins like Shiba Inu and Dogecoin, are on an oscillation. Shiba Inu’s, whose price has soared in 2022, was trading at $0.000022, down over 6% in the past 24 hours. According to Coingecko, Shiba Inu, and Dogecoin have lost over 30% valuation in the past month. Although Dogecoin and Shiba Inu are predicted to make a comeback once the market recovers, but it’s still uncertain how long will it take? Meanwhile, some Sectors like Metaverse continue to defy market sentiment. Metaworlpad, a newly launched metaverse crypto, has increased over 850% in the last two weeks since its launch. 
 
Metaverse is among one of the fastest sectors in cryptocurrencies. MetaworldPad will lead the growth of this maturing sector by providing a platform where the project developers and investors can unite to develop high-quality, vetted metaverse project’s from scratch. The key benefit for MetaworldPad’s token holders is early access to new metaverse presales at discounted prices. Metaworldpad token holders also earn up to 9% from all transactions in USDT as stable passive income. Using a DAO voting system, the community will decide projects to be listed on the launchpad. Other utilities of the project include tokenization, NFTs infrastructure, and Play-to-earn games.
 
Shiba Inu developers are working on a scaling solution called Shibarium and jumping into Metaverse, which will give an edge to the cryptocurrency. Shiba Inu (SHIB) may be one spot behind Dogecoin (DOGE), but its returns were far greater than its biggest rival, Dogecoin. Shiba Inu saw a staggering increase of 70,200,000% from the beginning of 2021 to the end of October 2021. Investing only $1 in SHIB would have made its investor a millionaire.
SHIB’s price saw a decline of 11% over seven days. According to predictions, The major shift of Shiba Inu from a memecoin to a utility-backed token could trigger Shib’s price, and SHIB could reach US$0.000033 in 2022. According to data shared by WhaleStats, the largest Ethereum whales hold over $1.4 billion worth of the Shiba Inu, and the top 1,000 whales by assets are further buying and increasing their Shiba Inu holdings. For instance, Steven Cooper, CEO of Bigger Entertainment, recently supported the SHIB community in burning 10% of Shib’s circulating supply.
 
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Key Points The recent bull run reached new ATHs The
The increasing usage of humanoid robots as companions is introducing
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Meta's losses show the metaverse's costly risk – Insider Intelligence

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Facebook parent Meta launches startup accelerator with India’s IT ministry in metaverse push – TechCrunch

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Meta Platforms is looking at India’s burgeoning startup ecosystem as it bolsters its bet on the metaverse. The social juggernaut has partnered with the Indian IT Ministry’s startup hub to launch an accelerator in the country to broaden innovation in emerging technologies, including augmented reality and virtual reality, officials said Tuesday.
MeitY Startup Hub and Meta’s effort, called XR Startup Program, will work with 40 early-stage startups and help them in research and development and developing workable products and services. Each startup will also receive a grant of over $25,000, the American giant said.
The program, supported by Meta’s $50 million XR Programs and Research Fund, will initially hand pick 80 startups to attend a bootcamp. It will also help startups with finding customers, inking relationships and raising funds, Meta said.
Rajeev Chandrasekhar, Minister of State for Electronics & Information Technology and Skill Development and Entrepreneurship, said the program is especially aimed at helping encourage technology innovation in smaller cities and towns.
The XR Startup Program is the latest of Meta’s growing participation in the South Asian market’s upskilling efforts. The firm, whose Facebook and WhatsApp services identify India as their largest market by users, partnered with Central Board of Secondary Education, a government body that oversees education in private and public schools in the country, to launch a certified curriculum on digital safety and online well-being, and augmented reality for students and educators in the country.
The program — to be implemented by four Indian institutions, including IIT Delhi — will also host a “grand challenge” for innovation in categories including education, healthcare, entertainment, agritech, climate action, sustainability and tourism, the American giant said.
“India will play a pivotal role in defining future technologies. Decisions and investments made here in India now shape global discussions on how technology can deliver more economic opportunity and better outcomes for people. It is critical that we help to create an ecosystem that will enable India’s tech startups and innovators to build the foundations of the metaverse,” said Joel Kaplan, VP of Global Policy at Meta, in a statement.
Meta’s interest with working with startups in India is also not newly found. The company has backed three startups in the country, including social commerce platform Meesho and online education group Unacademy.
3 views: Is the metaverse for work or play?

“India’s rapid tech adoption combined with a vast pool of tech talent puts the country in a vantage position for shaping the future of the internet,” said Ajit Mohan, VP and MD of Facebook India, in a statement.
“For this future to be equitable, it will require active participation from all stakeholders, including developers, businesses, creators, policymakers, and entrepreneurs. We are excited to collaborate with MeitY Startup Hub and hope that the XR Startup Program will act as a catalyst to unlock the use of immersive technology across sectors like education, healthcare, agritech and tourism, not only in India but across the globe.”

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WHAT IS QUILVIUS (QVUI)? LET'S EXPLORE THIS UPCOMING METAVERSE CRYPTO PROJECT – Asianet Newsable

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WHAT IS QUILVIUS (QVUI)? LET’S EXPLORE THIS UPCOMING METAVERSE CRYPTO PROJECT  Asianet Newsable
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