{"id":14419,"date":"2024-10-17T03:33:02","date_gmt":"2024-10-17T03:33:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=14419"},"modified":"2024-10-17T03:33:02","modified_gmt":"2024-10-17T03:33:02","slug":"heres-why-shiba-inus-conference-shibacon-got-postponed-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=14419","title":{"rendered":"Here\u2019s Why Shiba Inu\u2019s Conference ShibaCon Got Postponed (Details)"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

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Shiba Inu\u2019s ShibaCon, originally scheduled for November 9, has been postponed. Ticket holders will receive refunds and free VIP tickets for the rescheduled event.
\nDespite that, SHIB\u2019s price has surged substantially as of late, with its market cap reaching $11 billion. Approximately 53% of all investors are currently in profit.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/a><\/span><\/h2>\n

Change of Plans<\/h2>\n

Shiba Inu was about to hold a global conference in Bangkok, Thailand, on November 9. The gathering, called ShibaCon, aimed to bring together developers, supporters, and enthusiasts <\/span>from around the world<\/span> to discuss the project\u2019s technological progress and potential ecosystem developments.\u00a0<\/span><\/p>\n

Recently, though,<\/span> the team behind the meme coin <\/span>postponed<\/span><\/a> the event \u201cto secure an even more exciting experience\u201d for users.<\/span>\u00a0<\/span><\/p>\n

\u201cWe can\u2019t wait to bring Web3 pioneers, developers <\/span>and the ShibArmy at<\/span> the next reimagined ShibaCon<\/span>,\u201d the announcement reads.<\/span><\/p>\n

The team assured that all ticket holders will receive an email and full refund. <\/span>They<\/span> will also get VIP tickets for free <\/span>when the new place and dates get disclosed<\/span>.<\/span>\u00a0<\/span><\/p>\n

The announcement left users with mixed feelings, with some suggesting the interest in the conference <\/span>was not so high<\/span>, hence the postponement.<\/span> Others, though, considered themselves lucky to receive the best tickets in the future gathering free of charge.\u00a0<\/span><\/p>\n

SHIB Price Rally<\/span><\/h2>\n

The postponed conference (disclosed earlier this week) did not negatively impact the valuation of the meme coin. In fact, SHIB has been on the run in the past month, with its price soaring by over 40%. It <\/span>currently<\/span> trades at around $0.00001867 (per CoinGecko\u2019s data) with a market capitalization of approximately $11 billion.
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<\/a>SHIB Price, Source: CoinGecko<\/p>\n

Those willing to explore<\/span> some of the reasons that have potentially fueled Shiba Inu\u2019s rally <\/span>can take a look at our detailed article <\/span>here<\/span><\/a>.<\/span><\/p>\n

The resurgence has benefited numerous holders of the meme coin. <\/span>According<\/span><\/a> to IntoTheBlock, 53% of its total investors currently sit on some paper profits. 43% are underwater, whereas only 3% are break-even. The situation looked<\/a> much worse in September last year when almost 90% of all SHIB holders were in the red.<\/span><\/p>\n

Most investors (nearly 80%) <\/span>hopped on the bandwagon<\/span> more than a year ago. 19% did so in the past 12 months, while a mere 2% joined <\/span>the ecosystem<\/span> in the last 30 days.<\/span><\/p>\n

The post Here\u2019s Why Shiba Inu\u2019s Conference ShibaCon Got Postponed (Details)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Shiba Inu\u2019s ShibaCon, originally scheduled for November 9, has been postponed. Ticket holders will receive refunds and free VIP tickets for the rescheduled event. Despite that, SHIB\u2019s price has surged substantially as of late, with its market cap reaching $11 billion. Approximately 53% of all investors are currently in profit. Change of Plans Shiba […]<\/p>\n","protected":false},"author":0,"featured_media":14420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14419"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14419"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/14419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/14420"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}