Shiba Inu Woofs Its Way To Dubai’s Web3 Summit – Here’s The Scoop

The Shiba Inu project, known for its meme coin SHIB, is making waves in the cryptocurrency world with two key developments: a strategic sponsorship and a surge in social media activity. This move signals Shiba Inu’s intent to be 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, spearheaded by LBank Exchange, will be held at the luxurious Atlantis, The Palm, bringing together top minds in artificial intelligence (AI) and Web3. The summit aims to showcase the transformative potential of these technologies in shaping a decentralized digital future.

The Web3 Summit will highlight cutting-edge AI+Web3 projects and celebrate the achievements of the DeAI Hackathon 2024 winners. It will also foster connections between industry leaders, innovators, and investors.

This collaborative effort, spearheaded by Web3 Summit, LBank Labs, and BlockNews, promises to be a landmark gathering for the blockchain and cryptocurrency community.

Bitcoin is now trading at $69.008. Chart: TradingView

The sponsorship of Shiba Inu is a strategic decision aimed at increasing the project’s awareness and connecting with a worldwide community of blockchain enthusiasts and experts.

The summit functions as a medium for sponsors to exhibit their contributions to the Web3 ecosystem, establish relationships, and strengthen their positions in the swiftly evolving realm of Web3 technology.

Shiba Inu Major Upgrade

In another development, Lucie, the marketing lead for Shibarium, has announced significant upgrades for Shiba Eternity, a popular game within the Shiba Inu (SHIB) ecosystem. These upgrades aim to enhance the gaming experience and boost engagement among SHIB investors.

The recent launch of the blockchain version of Shiba Eternity represents a major milestone for the project, with ongoing updates being implemented to refine the system.

Exciting changes are on the horizon for Shiba Eternity, including significant updates to kibbles and Shiboshis, integral components of the game universe. Additionally, new cards and a breeding system will be introduced, injecting fresh dynamics into the gameplay experience.

At the time of writing, SHIB was trading at $0.00002751, down 1.8% in the last 24 hours, but managed to sustain a 1.5% gain in the last seven days, data from Coingecko shows.

Featured image from Pexels, chart from TradingView

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