The theory of everything is known to be the future of science. If we come up with it, we could explain everything that is going on the vast, strange universe of ours. Normally, the theory of everything(or ToE, for shorter reference) means a theory that could combine the general relativity, which explains the ‘big’ world, like trees and ants and stars, and the quantum mechanics, which explains the ‘small’ world, like quarks. And there’s a very strong theory for this: the string theory. 
No, no, not like that string you use to fly a kite or tie something up. The quantum string, which is a particle so small that you obviously can’t see with a atomic microscope, let alone the normal one. If they could see it so easily, we would already have proved the theory of strings. 
So the string theory says that there is a total of 11 dimensions, but when scientists tried to calculate the shape of the mysterious 11th dimension, scientists not only got one, not two, not three, but billions of the thing. That led to a new theory: the multiverse theory. 
The multiverse theory says that there is billions and trillions of universes, called multiverses. So is it true? Well, we don’t know for sure, but time will tell, as technology- and science- advances, we would know the answer, someday.