The Shiba Inu project, known for its meme coin SHIB, is making waves in the cryptocurrency world with two major developments: strategic sponsorship and a surge in social media activity. This move signals Shiba Inu’s intention to become a major player in the evolving Web3 landscape.
Shiba Inu sponsors Web3 Summit Dubai 2024
Shiba Inu has secured a sponsorship spot at the highly anticipated Web3 Summit 2024, taking place in Dubai on April 16th and 17th. This prestigious event, led by LBank Exchange, is held at the luxurious Atlantis, The Palm, bringing together the best minds in artificial intelligence (AI) and Web3. The goal of this summit is to demonstrate the transformative potential of these technologies in shaping a decentralized digital future.
We are proud to be a sponsor. #Web3Summit2024 hosted by @LBank_Exchange April 16-17! Free tickets are provided. Register now and join the discussion! โก๏ธ https://t.co/CXuLyxK8gX #SHIB https://t.co/eJ65otPPhR
โ Shib (@Shibtoken) April 8, 2024
The Web3 Summit will highlight cutting-edge AI+Web3 projects and celebrate the achievements of DeAI Hackathon 2024 winners. It will also strengthen connections between industry leaders, innovators and investors.
This joint effort led by Web3 Summit, LBank Labs, and BlockNews promises to be a groundbreaking gathering for the blockchain and cryptocurrency community.
Bitcoin is now trading at $69.008. Chart: TradingView
Shiba Inu’s sponsorship is a strategic decision to raise awareness of the project and connect it with a global community of blockchain enthusiasts and experts.
The Summit serves as a vehicle for sponsors to showcase their contributions to the Web3 ecosystem, build relationships, and strengthen their presence in the rapidly evolving Web3 technology space.
Shiba Inu Major Upgrade
In another development, Lucie, Head of Marketing at Shibarium, announced a significant upgrade to Shiba Eternity, a popular game within the Shiba Inu (SHIB) ecosystem. These upgrades aim to improve the gaming experience and increase engagement among SHIB investors.
The recent launch of the blockchain version of Shiba Eternity represents a major milestone for the project as ongoing updates are implemented to improve the system.
๐ Quick update from the Shiba Eternity team! ๐
They were busy backstage!
The first version of the project is running and was polished up with some updates yesterday. ๐ ๏ธ
But it doesn’t slow down. They are already adding new featuresโฆ pic.twitter.com/yi4VUlNM2m
โ ๐๐๐๐๐ | SHIB.IO ๐ง๐ผโโ๏ธ (@LucieSHIB) April 9, 2024
Exciting changes are coming soon to Shiba Eternity, including important updates to Kibble and Shiboshi, essential components of the game world. Additionally, new cards and breeding systems will be introduced, bringing a fresh dynamic to the gameplay experience.
At the time of this writing, SHIB is trading at $0.00002751, down 1.8% in the last 24 hours, but has maintained a 1.5% gain over the past 7 days, CoinGecko data shows.
Featured image from Pexels, chart from TradingView