The lead developer of Shiba Inu (SHIB) has been invited to join the World Economic Forum by DailyCoin

The master developer of Shiba Inu (SHIB) has been invited to join the World Economic Forum

Shiba Inu (SHIB) lead developer Shitoshi Kusama dropped some big news on Wednesday morning. The WEF requested that the SHIB Army Commander cooperate with them in their global metaverse 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, more than 19,000 members of the SHIB military have voted and 62.7% chose the option to work with the WEF, while 27.2% opposed the participation of Shitoshi Kusama. Moreover, 10.2% of the poll’s voters said it made no difference to them. SHIB Army members will be able to cast their votes until the end of the day, while the annual meeting of the World Economic Forum will take place at the beginning of 2023 in Geneva, Switzerland.

Shiba Inu (SHIB) Volume Pumps 7,000,000%

In the wake of the news, the popular memcoin’s trading volume skyrocketed, according to CoinMarketCap. Interestingly, the numbers are hardly believable, as centralized exchanges have seen more than $13 trillion SHIB tokens transferred in the last 24 hours. Decentralized exchanges bore a lot of SHIB’s actions as well, with $4.7 million transferred.

This is due to the fact that the drop in the market price of SHIB over the past two weeks has served as a wake-up call for the top 100 whales (ETH), who have accumulated massive amounts of mimecan. To be clear, ETH Whales has made several transactions worth hundreds of billions of dog tokens in the last 24 hours alone, according to etherscan.

On top of that, the big news from SHIB’s lead developer really bumped up the pump in its burn rate. After accelerating by 1081% in the past 24 hours, the SHIB army eagerly set fire to 136 million coins, hoping to increase its market price.

on the flip side

  • Despite regaining last week’s levels, SHIB is still trading below the main resistance line at $0.00001.
  • At press time, the popular memecoin is priced at $0.00000901 with a daily gain of 8.9%, according to CoinGecko.

Why should you bother

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 recovery races.

Track the latest movements of the popular cryptocurrency (SHIB):

Shiba Inu (SHIB) to share Metaverse’s progress at the Immersive World Summit

Shiba Inu (SHIB) records 50,000 new wallets despite SHIB’s price drop

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