- Shiba Inu team unveils new slogan at SXSW and announces upcoming Happy Hour event
- A public beta of layer-2 solutions and the Shibarium platform intake form receive high interest.
The SHIB community has been very excited with the upcoming “SHIB the metaverse” project as it is anticipated to upgrade the whole project to a technical level rather than a meme product. In the latest report, an exciting slogan has been unveiled by the Shiba Inu team – “It’s Not a Meme -It’s A Movement.” This was tweeted by a lead developer of the project, Shytoshi Kusama after it was unveiled on the SXSW floor. Kusama uploaded an image with four tags – “#SXSW23 #Shibthemetaverse #shibarium #metaverse,” and tagged Marcie Jastrow & Sherri Cuono.
The new slogan has excited the SHIB army who believe that the launch of the SXSW and the introduction of “Shib the metaverse” could revolutionize the industry to a large extent. In addition to this, a Happy Hour event scheduled on March 11 has been tweeted by the Shiba Inu token account.
An exclusive Metaverse #HappyHour is coming March 11 at @sxsw 2023 Shiba Inu and Departure Lounge invite you to join us for happy hour to wrap up press day and to kick off the SXSW Interactive track this weekend!
The SXSW website has also announced a metaverse panel expected to arrive on March 12th, 2023 at 10:00 AM CST. The panel includes Peter Martin from V.a.l.i.s. + 0.Xyz, Chris Edwards from The Third Floor, Inc., Connor Murphy from The Third Floor, Inc., and Marcie Jastrow from Shiba Inu Coin.
In this panel, we’ll examine the creative and technical process of authoring Metaverse experiences with existing technologies. How are persistent worlds being conceived and constructed using advanced visualization and virtual production workflows? What can we learn from these examples ahead of the mainstream rush to create compelling content for the Metaverse?
Just recently, the public beta of the layer-2 solutions proposed by the founder of Shiba Inu, Ryoshi was announced to be launched this week. Also, an intake form released for those interested in contributing to the Shibarium platform saw a huge success.
According to reports, “thousands of projects showed interest to build on Shibarium.” To even get an idea of those filling out the forms, a survey was conducted to know how many people got involved. It was then observed that “1417 people voted, and out of that, 632 people had already completed the form just a day after launching the portal.”
The recent activities raise the question of whether Shiba Inu can “kill” more zeros to hit $0.001. Shiba Inu is down by 10 percent in the last seven days, and currently trading at $0.00001. However, the price is up by 1.64 percent in the last 24 hours. The asset is still 84 percent down from its all-time high price of $0.000086. From this, it is obvious that hitting $0.001 in the short term is almost unlikely. However, “$0.001 is not difficult to hit in the long term considering how far the crypto market can go in the future.