Shiba Inu’s Big Day: AMA, Card Launch, Worldpaper, Shibarium, and More.
$SHIB $BTC
Shiba Inu’s big day has finally arrived, with two main events set to kick off. Both have to do with Shiba Inu-themed cold wallets developed in collaboration with Tangem, a Swiss-based blockchain firm. Lucie, a Shiba ecosystem official, reminds the community of the SHIB and Tangem AMA scheduled for Monday, May 29, at 4:00 p.m. CET. The AMA will be followed by the launch of the limited edition Shiba Inu cards, which will allow users to store and manage their SHIB tokens securely and conveniently.
Shiba Inu lead Shytoshi Kusama teased the unveiling of the “Worldpaper” alongside the release of Shibarium, or right before. Shibarium is the name of the Shiba Inu blockchain, which will enable faster and cheaper transactions for SHIB and other tokens in the ecosystem. The Worldpaper is expected to reveal more details about Shibarium and the vision of the Shiba Inu project.
Shiba Inu is facing tough competition from a new meme coin called Pepe, which has surged by over 10,000% in the past month. Pepe is based on the popular internet frog character and claims to be the “first meme coin with utility”. Pepe has a total supply of 100 quadrillion tokens and plans to launch its own decentralized exchange, NFT marketplace, and gaming platform.
Shiba Inu has also been affected by the recent crypto market crash, which wiped out over $1 trillion from the total market cap. SHIB lost over 50% of its value in a matter of days, dropping from $0.000008 to $0.0000044. However, some analysts believe that SHIB is poised for a rebound, as it shows signs of consolidation and accumulation.
