Shiba Inu lead developer Shytoshi Kusama has sent out a new tweet that is sparking wide anticipation in the SHIB community. The post sent to X read, “So many shadowcats…so little time before SHIBACON. Sigh.”
Kusama’s updates on SHIB typically garner plenty of attention among Shiba Inu holders and investors. The anonymous developer tends to drop huge hints and teases of things to come for the dog-themed token. In this post, Kusama teases the upcoming ShibaCon event.
ShibaCon 2024 was announced as the first global conference for Shiba Inu. The event is scheduled to take place in Bangkok on November 9. ShibaCoin will be a place for the Shiba Inu team to showcase technological advancements, foster community engagement, and discuss plans for the SHIB ecosystem. SHIB, BONE, LEASH, and planned tokens TREAT and SHI will likely be topics of discussion, as well as the layer 2 Shibarium network.
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The anticipation of the event is expected to affect the price of Shiba Inu. SHIB has had a rough week, falling 5% in the past week in an overall bearish crypto market. However, Kusama’s announcement gave a slight pump to the asset, boosting it by 1% since Friday morning. SHIB trading volume has also climbed 19.59% over the last 24 hours, revealing investor interest.
ShibaCon 2024 could be a significant turning point for Shiba Inu this year. If hype continues to grow ahead of the event, the asset could gain even more momentum in price and TV. Positive announcements at the event in November could also drive SHIB to potential 1-year highs this November.
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