Last Minute: Shiba Inu Is a Liar! There’s No Deal!

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SHIB, the second most popular meme token, recently gave an important good news. However, details emerged today. The announcement made by the team signaled a new collaboration. The World Economic Forum (WEF) has denied allegations that it invited Shiba Inu to work on global metaverse policy, following claims from meme coin’s development team last week.

Shiba Coin News


The WEF said an exploratory meeting had been held with Shiba Inu’s organizers but an invitation had not been forwarded to them. On November 22, Shiba Inu’s lead developer, who uses the name Shytoshi Kusama, took to Twitter to ask the community if they would accept the supposed invitation. Although 62.3% of the approximately 23,000 votes used in the survey conducted via Twitter expressed interest in Shiba Inu working with the WEF, some comments commented that the cooperation would not coincide with the community’s understanding of decentralization.

The metaverse initiative, launched by the World Economic Forum (WEF) in Davos in May, states its mission as defining and building an open and inclusive metaverse. To date, he has partnered with more than 100 companies, including Meta, Decentraland, Animoca Brands, Polygon and Somnium Space.

Shiba Coin


For now, Shiba Inu has not been able to Decamp among the more than 100 companies mentioned above. The meme token, dubbed the “Dogecoin killer” in its early days, was launched in 2020 and has become quite popular with the rapid price growth it has experienced over the past year. The altcoin listed by giant exchanges such as Binance continues to maintain its strong position with the interest of the largest Ethereum whales. Confirmation of this news could have been useful for solidifying the goals of the Shiba Inu metaverse, but the denial seems to damage confidence in the team.

Earlier this year, the announcement was made for a metaverse platform called SHIB: The Metaverse, which is still under development. SHIB, which is trying to enter an area where competition is increasing rapidly, is also working in many different categories such as DeFi and NFT. The team, which is making efforts to build its own ecosystem, wants to get the maximum benefit from its community, which it defines as the SHIB Army. SHIB finds buyers at $0.0000092 at the time of writing.

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