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The three major U.S. stock index futures extended their losses, with S&P 500 futures falling 0.6% and Nasdaq futures falling 0.7%.Futures June 17, 1. India, Myanmar and other places will have heavy rainfall in the next three days. Affected by the monsoon trough, parts of western and northeastern India, Bangladesh, western and southern Myanmar, southwestern Thailand and other places will have heavy to torrential rain. Among them, Gujarat, India, Rakhine State, Myanmar and other places will have heavy rain, accompanied by short-term heavy precipitation, thunderstorms and strong convective weather such as gale. 2. High temperature weather in Central Asia, West Asia, southwestern United States and other places will continue for the next three days. Parts of Central Asia, West Asia, most of North Africa, central and southern Portugal, eastern and southern Spain, southwestern United States, northern Mexico and other places will have high temperature weather above 35℃. Among them, the highest temperature in southern Kazakhstan, western Uzbekistan, western Turkmenistan, Iraq, Saudi Arabia, Yemen, Oman, Iran, southern Afghanistan, central and southern Pakistan, northwestern India and other places will exceed 40℃, and local temperatures may reach above 45℃. 3. There will be precipitation, strong winds and cooling weather in central and northern Europe. In the next three days, affected by the low vortex, Northern Europe, most of Eastern Europe and eastern Central Europe will have light to moderate rain, with heavy rain in some areas; most of central and northern Europe will have a temperature drop of 4 to 6℃, accompanied by 4 to 5 winds, with gusts of 7 to 8.Goldman Sachs: We still expect an oversupply of LNG in the market, causing natural gas storage levels in northwestern Europe to approach capacity limits in the summer of 2027.Goldman Sachs continues to raise its forecasts for Egypts LNG imports to reflect its structural market gap.French President Macron: The United States has proposed a meeting with Iran, and subsequent developments remain to be seen.

The Dogecoin Creator Slams the Shiba Inu Metaverse for Stealing $300 Million

Cory Russell

Apr 02, 2022 10:03


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Billy Markus, the creator of Dogecoin, expressed his disappointment on Twitter today.


Shiba Inu's Metaverse plans to offer virtual plots in order to broaden their horizons.


Billy described the idea as a $300 million money grab.


Shiba Inu just launched its Metaverse, dubbed SHIB: The Metaverse, as FXEmpire reported yesterday. While some (mainly SHIB supporters) were overjoyed, others offered counter-arguments that may be regarded facts.

Shiba Inu and Dogecoin Aren't Friends?

Billy Markus, better known as Shibetoshi Nakamoto, the developer of one of the most well-known cryptocurrencies, Dogecoin, did not appear to be pleased with Shiba Inu's ideas.


Markus was unsatisfied with the way SHIB treats its investors after his creation of Dogecoin spawned an entire category of cryptocurrencies known as 'Memecoin.'


"How is building a random metaverse and selling phony land with Ethereum adding utility to their product," Markus asked in response to CoinDesk's coverage of SHIB's Metaverse this morning.


He went on to remark that, while there is undeniably a great potential for developers to make more money, if he were a SHIB investor, this would not sit well with him.


The idea that SHIB: The Metaverse is selling pieces of land in ETH for no intrinsic value was perplexing to Billy.


Justifying his decision, he stated that if 100,000 (actually 100,595) parcels of land were sold for between 0.2 and 1 ETH each, the team would raise between $100 million and $300 million.


This, he claims, is futile because it would just serve to enrich the developers' pockets beyond what they have already reaped from the development of SHIB.


Billy probably said that because Shiba Inu is covertly profiting on the Metaverse buzz in the name of development.


Dogecoin, on the other hand, has set itself up for appropriate development with the phases outlined in its roadmap, which include the creation of a library for enabling the construction of Dogecoin-based DeFi protocols as well as a test suite.


Even if they have yet to be created, it is preferable to know if a possible DeFi chain has some inherent DeFi potential before embarking on the creation of its virtual environment.

On the Charts: DOGE and SHIB

Whatever the case may be with their on-chain developments, both coins appear to be cooling off into consolidation after recent surges on the investor front.


DOGE was unchanged on the daily chart at the time of writing, trading at $0.1381. SHIB, which had dropped 5.69 percent the day before, has recovered 1.35 percent today, trading at $0.00002622.