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Shiba Inu (SHIB) Main Developer Invited To Join The World Economic Forum

Shiba Inu’s (SHIB) main developer Shytoshi Kusama dropped some big news on Wednesday morning. The World Economic Forum requested that the leader of the SHIB Army...
Shiba Inu (SHIB) Main Developer Invited To Join The World Economic Forum Shiba Inu (SHIB) Main Developer Invited To Join The World Economic Forum
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Shiba Inu’s (SHIB) main developer Shytoshi Kusama dropped some big news on Wednesday morning. The World Economic Forum requested that the leader of the SHIB Army collaborate with them on their metaverse global policy. In accordance with this, Mr. Kusama set up a Twitter poll for the SHIB Army to vote on whether to proceed with the collaboration.

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So far, over 19,000 members of the SHIB Army have voted and 62.7% chose the option of working together with the World Economic Forum, while another 27.2% were opposed to Shytoshi Kusama’s participation. On top of that, 10.2% of the poll voters claim it makes no difference to them. The members of the SHIB Army will be able to cast their vote until the end of the day, while the WEF annual meeting will take place at the beginning of 2023 in Geneva, Switzerland.

Shiba Inu’s (SHIB) Trading Volume Pumps 7,000,000%

In the wake of the news, the popular memecoin shot up in trading volume, according to CoinMarketCap. Interestingly, the numbers are hardly believable, with centralized exchanges seeing over $13 trillion of SHIB tokens transferred in the past 24 hours. The decentralized exchanges endured a lot of SHIB action too, with $4.7 million being transferred.

This is due to the fact that SHIB’s declining market price over the past couple of weeks served as a wake up call for the TOP 100 Ethereum (ETH) Whales, who scooped up colossal amounts of the memecurrency. To illustrate, ETH Whales made several transactions worth hundreds of billions of the canine tokens in the last 24 hours alone, according to Etherscan.

On top of that, the big news from SHIB’s lead developer ignited the pump in its burn rate. Accelerated by a whopping 1081% in the last 24 hours, the SHIB Army eagerly set fire to 136 million coins, in the hope of boosting its market price.

On the Flipside

  • Despite reclaiming the levels of the previous week, SHIB is still trading below the $0.00001 key resistance line.
  • At press time, the popular memecoin is priced at $0.00000901 with 8.9% daily gains, according to CoinGecko.

Why You Should Care

The SHIB Army is one of the most active crypto communities on both Twitter and Discord. The popular memecoin is usually among the leaders in the altcoin rebound races.

Track the latest moves of the popular canine cryptocurrency Shiba Inu (SHIB):

Shiba Inu (SHIB) To Share Metaverse Progress At The Immerse Global Summit

Shiba Inu (SHIB) Registers 50,000 New Wallets Despite SHIB Price Plunge

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

EUR/USD

1.0658

-0.0008 (-0.07%)

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↑ Sell

Moving Avg:

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Sell (12)

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Buy (2)

Sell (3)

GBP/USD

1.2475

-0.0015 (-0.12%)

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Moving Avg:

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Sell (12)

Indicators:

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Sell (10)

USD/JPY

157.91

+0.12 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

AUD/USD

0.6469

-0.0003 (-0.05%)

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Neutral

Moving Avg:

Buy (10)

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Indicators:

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USD/CAD

1.3780

+0.0003 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Buy (7)

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EUR/JPY

168.32

+0.10 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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Buy (9)

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Neutral

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Buy (3)

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Gold Futures

2,295.80

-7.10 (-0.31%)

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Silver Futures

26.677

+0.023 (+0.09%)

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Copper Futures

4.5305

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↑ Buy

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Crude Oil WTI Futures

81.14

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Brent Oil Futures

85.62

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Natural Gas Futures

1.946

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US Coffee C Futures

213.73

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Euro Stoxx 50

4,920.55

-60.54 (-1.22%)

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Moving Avg:

Buy (4)

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Buy (1)

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S&P 500

5,035.69

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DAX

17,921.95

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FTSE 100

8,144.13

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Sell

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Hang Seng

17,763.03

+16.12 (+0.09%)

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Buy (0)

Sell (12)

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Buy (1)

Sell (6)

US Small Cap 2000

1,973.05

-42.98 (-2.13%)

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IBEX 35

10,854.40

-246.40 (-2.22%)

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Neutral

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BASF SE NA O.N.

49.155

+0.100 (+0.20%)

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Bayer AG NA

27.35

-0.24 (-0.87%)

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Allianz SE VNA O.N.

266.60

+0.30 (+0.11%)

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Adidas AG

226.40

-5.90 (-2.54%)

Summary

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Moving Avg:

Buy (0)

Sell (12)

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Buy (2)

Sell (7)

Deutsche Lufthansa AG

6.714

-0.028 (-0.42%)

Summary

Neutral

Moving Avg:

Buy (3)

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Indicators:

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Siemens AG Class N

175.90

-1.74 (-0.98%)

Summary

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Moving Avg:

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Deutsche Bank AG

15.010

-0.094 (-0.62%)

Summary

Neutral

Moving Avg:

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Indicators:

Buy (6)

Sell (2)

    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
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