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- Manny Pacquiao introduced a partnership with the favored meme coin community, Shiba Inu.
- The partnership is a part of the occasions to commemorate the launch of the second version of The Shib Journal.
- SHIB has added a formidable 26% previously 30 days following the Bitcoin ETF-fueled rally.
Boxing legend Manny Pacquiao in one other main wave throughout the crypto ecosystem introduced a partnership with meme coin community Shiba Inu, which has since riled up pleasure amongst neighborhood members.
On Wednesday, Pacquiao confirmed the partnership with Shiba Inu via a video posted on his basis’s web page. “Thanks, SHIB neighborhood, for supporting the Manny Pacquiao Basis. We’re enthusiastic about this partnership. God bless,” he mentioned.
The partnership follows an earlier announcement from the Shiba Inu workforce, which hinted at a collaboration with a widely known athlete. Per the announcement, the partnership, together with a 3,000 NFT distribution, would commemorate the meme coin’s launch of the second version of The Shib Journal.
With the event, Pacquiao joined fellow legend Mike Tyson as one of many notable figures within the athletics world to have joined the crypto ecosystem. The 2 famend boxers have every launched NFT collections.
In the meantime, SHIB is among the many tokens that added outstanding positive aspects of their costs through the Bitcoin ETF-fueled bull rally. In response to knowledge from CoinGecko, the token has gained 26% within the final 30 days. Moreover, it has additionally sustained its constructive run with a 3% improve previously 24 hours. Nonetheless, commerce quantity has since slowed, registering a 7% drop throughout the identical interval.
On the time of press, Shiba Inu is exchanging palms for $0.000008747. Moreover, its $5.21 billion market cap locations it because the nineteenth largest cryptocurrency community based mostly on market cap.
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