- The Shiba Army is gearing up for ShibaCon, the biggest crypto event for Shiba Inu enthusiasts.
- ShibaCon offers a unique platform for networking, learning, and contributing to the Shiba Inu project.
- Shiba Inu’s price surge is fueled by increased on-chain activity.
Shiba Inu is gearing up for its biggest crypto fest yet- ShibaCon. The upcoming event on Nov 9-15, is slated to be more than just a conference; the event promises to be a rallying point for the passionate Shib Army, offering a unique platform to connect, learn, and contribute to the project’s future.
As per the blog, ShibaCon is scheduled to host discussions on technological advancements, new projects, and the broader landscape of decentralized finance. Additionally, ShibaCon would provide a platform for businesses and projects to enhance brand visibility, forge strategic alliances, and tap into a burgeoning market.
“Whether you’re looking to launch a new product, build partnerships, or simply increase brand awareness, advertising at ShibaCon positions your brand at the forefront of a rapidly growing movement,” the post read.
For Companies and Projects: ShibaCon offers a rare chance to place your brand in front of a highly engaged and passionate audience. The Shiba Inu community is one of the most vibrant and loyal in the crypto world, making this event a prime platform for visibility. Whether you’re looking to launch a new product, build partnerships, or simply increase brand awareness, advertising at ShibaCon positions your brand at the forefront of a rapidly growing movement.
The team also promises top influencers to boost maximum engagement, meaning that it aims to extend the impact of ShibaCon far beyond the conference itself.
Shiba Inu Breaks 10-Week High as Trading Volume Soars
SHIB recorded a dramatic price surge, climbing 43% in the past few weeks. This rally, per Santiment, was fueled by a notable increase in on-chain activity compared to other altcoins and meme coins. The analysis is based on a study on key indicators like trading volume, token circulation, and whale transactions.
The data platform has revealed a surge in SHIB’s trading volume, reaching a whopping 1.19 billion. In just 12 hours, a remarkable 27 SHIB transactions exceeded $1 million in value. With over 5 trillion SHIB in circulation, this surge in on-chain activity has ignited a significant price increase, propelling SHIB to a 10-week high. Additionally, the rise in social dominance indicates growing investor interest and FOMO.
While the current bullish outlook looks promising, it’s important to note that the likelihood of a local price top has increased due to the heightened hype. To surpass the year-high of $0.000043, SHIB may need a slight cooling down of the bullish narratives
