Shiba Inu is once again making waves as it gears up to sponsor the highly anticipated Blockchain Futurist Conference in Canada. This conference, which is set to take place in Toronto on August 13-14, 2024, is Canada’s largest blockchain event and includes ETHToronto and ETHWomen. Shiba Inu’s involvement in this event comes hot on the heels of their participation in the TOKEN2049 conference in April.
Attendees of the conference can look forward to hearing from Shytoshi Kusama, the anonymous lead developer of Shiba Inu, who is expected to deliver a virtual speech. This is an exciting opportunity for the Shib Army and crypto enthusiasts to gain insights and knowledge from one of the key figures behind Shiba Inu.
The Blockchain Futurist Conference offers attendees complimentary access to a wide range of activities. Renowned speakers will take the stage, exhibitor booths will be set up, and extensive networking opportunities will be available, allowing participants to stay up to date with the latest trends in the industry and make valuable connections.
One of the highlights of the conference is ETHToronto 2024, which caters to both experienced developers and newcomers. Workshops, mentorship sessions, and hackathon challenges will be offered, providing a platform for learning and growth. The event will have a hybrid format, with virtual participation starting on July 1, and live activities taking place at the Rebel Entertainment Complex on August 13-14.
In addition to the in-person event, participants can also enjoy an immersive virtual experience. From July 1 onwards, online workshops and networking sessions will be available, allowing attendees to engage with experts in the field. The main event on August 13-14 will feature workshops, mentorship sessions, networking opportunities, and the inaugural ETHWomen event, which aims to empower women in the blockchain space.
This is not the first time that Shiba Inu has sponsored major conferences. Back in April, the Shiba Inu ecosystem team actively participated in the TOKEN2049 conference in Dubai as a gold sponsor. This provided them with the opportunity to connect with other participants and showcase the potential of decentralization.
It’s worth noting that Toronto, often referred to as the “Silicon Valley of the North,” holds special significance for the Blockchain Futurist Conference. Not only is it a tech hub, but it is also closely tied to Ethereum, with Ethereum’s creator, Vitalik Buterin, hailing from the city.
Since the announcement of their sponsorship roles, Shiba Inu has experienced a significant spike in price. Currently trading at $0.00002545, the price has increased by 9.72% in the last 24 hours and 10.53% over the past week. The daily price action for SHIB/USD on Shibaswap shows a slight increase, with the price trading above the 9-day Exponential Moving Average (EMA).
However, technical indicators like the Stochastic Relative Strength Index (Stoch RSI) suggest that the market may be overbought, indicating a potential pullback or consolidation. While there is strong buying interest with high trading volumes during price increases, significant sell-offs are also present.
It’s important to note that this article is for informational purposes only and should not be considered financial advice. The views expressed in this article are solely the author’s opinions and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct their own research before making any investment decisions, and The Crypto Basic is not responsible for any financial losses incurred.