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Qualcomm ups push for slice of metaverse ecosystem – Mobile World Live

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Qualcomm revealed its latest AR chipset developed for use in smart glasses, which it claims will aid in the creation of wearables able to be used comfortably for extended periods of time.
At the company’s Snapdragon Summit 2022, it unveiled the Snapdragon AR2 Gen 1 platform, its latest product designed to grasp a piece of the nascent metaverse and spatial computing ecosystem.
Among the devicemakers using the chipset in product development are Oppo, LG Electronics, Lenovo, Xiaomi and Nreal.
Qualcomm claims the platform, which has been purpose built for head-worn AR devices, achieves 2.2-times the AI performance and consumes half the power than its previous offering for the segment.
The company notes it also takes up a smaller area on the glasses, aiding the creation of more usable wearables for enterprises and consumers by making them lighter and “sleek”.
“With the technical and physical requirements for VR/MR and AR diverging, Snapdragon AR2 represents another metaverse-defining platform in our XR portfolio to help our OEM partners revolutionise AR glasses,” Qualcomm VP for XR product management Hugo Swart stated.
Alongside the new AR glasses platform, the chipmaker announced its latest Bluetooth audio chips, the Qualcomm S5 Gen 2 Sound Platform and the Qualcomm S3 Gen 2 Sound Platform.
Chris Donkin
Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved…
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Shiba Inu gets a new metaverse update, but can it help SHIB go up? – AMBCrypto News

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Shiba Inu: Ethereum whales keep the faith but what does SHIB have to show
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Shiba Inu’s ‘SHIB the Metaverse’ recently unveiled its new concept art, named Dunes. After several weeks, a new update was revealed which looked promising for the much-awaited metaverse project. 
🌴New concept art has appeared!
Come & stay a while at the scenic Dunes!
Upon gazing beyond you discover an oasis of sorts, yet this oasis is like no other, it's massive, it's shaped, and welcomes an adventurous and modern place, full of glitzy architecture and cooling waters. pic.twitter.com/AirNMBXvDv
— SHIB The Metaverse (@ShibTheMV) November 15, 2022

Not only this but a new Tech Trench concept was also revealed. The Tech Trench setting is modeled around an immersive trench from antiquity that has advanced into a highly technological area.
The official announcement mentioned, “This hub allows for a deeper connection with cultural reassurance and lessons learned from the innovative and daring journey SHIB as a project & community has endured.” 
Read Shiba Inu’s [SHIB] price prediction 2023-24
Apart from the developments in the SHIB metaverse, several more updates looked positive for the Shiba Inu ecosystem amidst this current bearish market condition.
For instance, PawZone, a member of the Shiba Inu community, recently announced that they are currently putting all their attention on Pawzaar, the NFT marketplace, created for the Shibarium network. A lot of progress has already been made, and they will soon reveal the work they have done. 
On the other hand, Santiment’s data showed that SHIB’s NFT ecosystem witnessed growth over the last week. The total number of NFT trade counts along with the total NFT trade volume in USD spiked over the past seven days, which was a positive signal.
Source: Santiment
However, the question is- Will the metaverse updates and growth in the NFT space be enough to provide aid to SHIB? 
SHIB’s performance has not been impressive lately, as it has failed to register any upticks, thanks to the bearish market condition.
According to CoinMarketCap, SHIB’s price decreased over 6% in the last seven days, and at press time, it was trading at $0.000009138. Interestingly, things might soon change in favor of SHIB as several of the on-chain metrics were in favor of the buyers. 
CryptoQuant’s data revealed that SHIB’s exchange reserve was decreasing, which was good news as it indicated less selling pressure. Moreover, SHIB’s stochastic was in an oversold position, further increasing the chances of a price surge in the days to follow. 
Interestingly, the whales’ confidence in SHIB gave further hope to investors. According to WhaleStats, SHIB topped this list of cryptos that the top 5000 Ethereum whales were holding. 
🐳 The top 100 #ETH whales are hodling
$74,944,516 $SHIB
$48,925,946 $MKR
$45,325,050 $LOCUS
$35,903,308 $BIT
$33,078,298 $BEST
$32,397,588 $UNI
$31,712,362 $CHZ
$28,469,972 $MOC
Whale leaderboard 👇https://t.co/N5qqsCBeXR pic.twitter.com/TcFQwmwtOs
— WhaleStats (tracking crypto whales) (@WhaleStats) November 16, 2022

Furthermore, SHIB’s MVRV Ratio went up last week, which was yet another bullish signal. And, the daily active addresses also spiked over the last few days, reflecting a larger number of users in the network.
Source: Santiment

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Ser Suzuki Shillsalot has 8 years of experience working as a Senior Investigative journalist at The SpamBot Times. He completed a two-hour course in journalism from a popular YouTube video and was one of the few to give it a positive rating. Shillsalot’s writings mainly focus on shilling his favourite cryptos and trolling anyone who disagrees with him. P.S – There is a slight possibility the profile pic is AI-generated. You see, this account is primarily used by our freelancer writers and they wish to remain anonymous. Wait, are they Satoshi? :/
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Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

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