{"id":11429,"date":"2025-02-05T09:47:14","date_gmt":"2025-02-05T09:47:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11429"},"modified":"2025-02-05T09:47:14","modified_gmt":"2025-02-05T09:47:14","slug":"massive-shiba-inu-shib-announcement","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11429","title":{"rendered":"Massive Shiba Inu (SHIB) Announcement"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>SHIB\u2019s price surged by 8% on a 24-hour scale as the meme coin partnered with the UAE\u2019s Ministry of Energy and Infrastructure.<\/li>\n<li>Shibarium blasted through another major milestone, which could also be interpreted as a bullish element.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-77.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-381895\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-77.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-77.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-77-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-77-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-77-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB_CB-77-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>The Main Factor<\/h2>\n<p><span data-preserver-spaces=\"true\">The cryptocurrency market experienced severe turbulence in the past few days, largely <a href=\"https:\/\/cryptopotato.com\/crypto-markets-melt-down-in-400b-selloff-on-trumps-trade-tariffs\/\" data-wpel-link=\"internal\">caused<\/a> by Donald Trump\u2019s trade war with China, Mexico, and Canada. In the last 24 hours, most leading digital assets consolidated or charted minor losses, but this was not the case with Shiba Inu (SHIB).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The price of the popular meme coin increased by 8% during that timeframe, currently trading at around $0.0000164 (per CoinGecko\u2019s data). Its market capitalization jumped above $9.5 billion, and thus, SHIB re-entered crypto\u2019s top 20 <\/span><span data-preserver-spaces=\"true\">club<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<figure id=\"attachment_381891\" aria-describedby=\"caption-attachment-381891\" style=\"width: 571px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-381891\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-1.png\" alt=\"SHIB Price\" width=\"571\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-1.png 1042w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-1-300x210.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-1-1024x717.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-1-768x538.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SHIB-Price-1-50x35.png 50w\" sizes=\"auto, (max-width: 571px) 100vw, 571px\"><\/a><figcaption id=\"caption-attachment-381891\" class=\"wp-caption-text\">SHIB Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Perhaps the<\/span><span data-preserver-spaces=\"true\"> most apparent reason fueling the rally is Shiba Inu\u2019s partnership with the Ministry of Energy and Infrastructure of the United Arab Emirates.<\/span><span data-preserver-spaces=\"true\"> The team behind the meme coin <a href=\"https:\/\/shib.io\/get-in-touch\/partners\/moei\" data-wpel-link=\"external\" target=\"_blank\">explained<\/a> that the collaboration aims to transform how nations embrace Web3.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cFor the first time, a world government is integrating blockchain at a\u00a0federal level. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> isn\u2019t just another crypto partnership \u2013 it\u2019s a nationwide movement unifying Shiba Inu\u2019s\u00a0Operating System across all Emirates,\u201d the disclosure reads.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Speaking on the matter was<\/span><span data-preserver-spaces=\"true\"> H.E. Eng Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at MoEI.<\/span><span data-preserver-spaces=\"true\"> He <\/span><span data-preserver-spaces=\"true\">said<\/span><span data-preserver-spaces=\"true\"> the deal \u201crepresents a pivotal moment in our journey toward redefining government services.\u201d<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cBy embracing emerging technologies, we aim to set a global benchmark for innovation, delivering transformative solutions that benefit both our citizens and the wider community. Together, we are shaping a future built on sustainability, connectivity, and digital excellence,\u201d he added.<\/span><\/p>\n<\/blockquote>\n<h2><span data-preserver-spaces=\"true\">Additional Reasons<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Other elements that may have boosted SHIB\u2019s price are Shibarium\u2019s advancement and Shiba Inu\u2019s burn rate. The layer-2 blockchain solution recently hit another major milestone as total transactions processed on the network <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibariumscan.io\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">surpassed<\/span><\/a><span data-preserver-spaces=\"true\"> 900 million.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Shibarium <\/span><span data-preserver-spaces=\"true\">is specifically designed<\/span><span data-preserver-spaces=\"true\"> to foster the development of the Shiba Inu ecosystem, and according to some industry participants, its progress could <\/span><span data-preserver-spaces=\"true\">be viewed<\/span><span data-preserver-spaces=\"true\"> as a bullish factor.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For its part, SHIB\u2019s burn rate <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibburn.com\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">exploded<\/span><\/a><span data-preserver-spaces=\"true\"> by almost 600% in the last 24 hours, resulting in nearly 18.7 million tokens sent to a null address. Continuous efforts in that field will reduce the meme coin\u2019s circulating supply and potentially create upward pressure on the price (should demand remain constant or head north).\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/massive-shiba-inu-shib-announcement\/\" rel=\"nofollow\">Massive Shiba Inu (SHIB) Announcement<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR SHIB\u2019s price surged by 8% on a 24-hour scale as the meme coin partnered with the UAE\u2019s Ministry of Energy and Infrastructure. Shibarium blasted through another major milestone, which could also be interpreted as a bullish element. The Main Factor The cryptocurrency market experienced severe turbulence in the past few days, largely caused by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11429","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11429"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11429\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}