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Leading memecoin Shiba Inu is determined to extend its winning streak, jumping 36% in a day following news of a big partnership, plus being listed on a top crypto exchange.



The altcoin, which is up a modest 92,000,000% this year, announced that it is partnering with William Volk, former vice president of tech at gaming giant Activision. In a blog <a href="https://shytoshikusama.medium.com/the-future-of-gaming-is-shib-6b35b1cae170" target="_blank" rel="nofollow noopener">post</a>, Shiba Inu developer Shytoshi Kusama says the SHIB team and Volk are both under non-disclosure agreements in order to maintain an edge over any copy cats or competitors.



“This NDA is vital to us having competitive advantage over all the other gaming, “metaverse”, and NFT system clones that will pop up the moment I hit send.”



<figure class="wp-block-image aligncenter wp-image-28178 size-large"><img src="https://img.coinbureau.dev/strapi/2021/11/shutterstock_2034298052-1024x575.jpg" alt="" class="wp-image-28178"/><figcaption class="wp-element-caption">Image via Shutterstock</figcaption></figure>



Volk said he was honored to be working on what he says “will become one of the most significant games of all time.”



Shyatoshi said Volk’s words word “huge” given that Volk is “a true visionary with decades of top-notch high quality experience on the corporate side (VP of TECHNOLOGY @ Activision) and also on the independent side having run his own game studio as well.”



Though details of the partnership are vague, market sentiment around SHIB appears to be improving regardless, potentially based on the rising gaming and metaverse narrative in the crypto markets.



According to crypto whale-tracking website <a href="https://www.whalestats.com/erc20-token/shiba-inu" target="_blank" rel="nofollow noopener">WhaleStats</a>, SHIB whales increased their holdings by 42% in a 24-hour timeframe shortly after the announcement.



Fanning the flames, crypto exchange Kraken <a href="https://blog.kraken.com/post/12098/shiba-inu-shib-deposits-are-live-trading-starts-november-30/" target="_blank" rel="nofollow noopener">announced</a> it was listing SHIB to its platform starting today. Kraken previously hinted it was looking at bringing support for SHIB last month when it conducted a Twitter poll asking for its followers’ opinion on it.



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Originally asking for 2,000 likes on the post, the “Shib Army” gave an overwhelming 83,000 likes. At the time of writing, SHIB is trading at $0.00005130, looking strong but still well off its all-time high of $0.00008616.



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Shiba Inu Expands to Metaverse, Listed On Kraken Exchange

Dog-themed meme crypto Shiba Inu (SHIB) is currently up 229% over the past seven days, according to CoinGecko, hinting that dog-season may in fact be underway.



SHIB began a modest rally over the weekend, but the real gains appear to strongly correlate with a tweet from Tesla CEO and known dog crypto enthusiast Elon Musk. On Monday, Musk tweeted a photo of his new Shiba Inu puppy named Floki.



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Prior to Musk's tweet, SHIB was trading at $0.0000083. From the moment of tweet, the memecoin went on a tear that has so far peaked out at $0.000024, or about a 190% gain. In the past 11 months, SHIB is up 40920524.4% from its all-time low in November of 2020.



In December, Musk arguably kicked off dog season with another ominous tweet that preceded massive rallies in Dogecoin (DOGE), the original dog themed meme coin created in 2013 as a joke by developers Billy Markus and Jackson Palmer.



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Less than a month later, the tech billionaire sent out another <a href="https://twitter.com/elonmusk/status/1354924057825837060" target="_blank" rel="noopener">tweet</a> that preceded an 863% explosion alongside rallies in the broader crypto markets, taking DOGE from $0.0082 on January 28, to $0.079 a week and a half later.



<figure class="wp-block-image aligncenter"><img src="https://pbs.twimg.com/media/Es2oP4JXYAYdw4b?format=jpg&amp;name=small" alt="Image"/><figcaption class="wp-element-caption"><a href="https://twitter.com/elonmusk/status/1354924057825837060" target="_blank" rel="nofollow noopener">Elon Musk/Twitter</a></figcaption></figure>



<a href="https://{MIGRATED_DOMAIN}/videos/shiba-inu-dogecoin-killer-meme-or-something-more/">Shiba Inu</a> was created in the summer of 2020 by a pseudnymous developer named Ryoshi. It aims to be an Ethereum-based alternative to Dogecoin (DOGE), which is a <a href="https://{MIGRATED_DOMAIN}/review/litecoin-ltc/">Litecoin</a> (LTC) fork. The Shiba Inu ecosystem focuses on its decentralized exchange (DEX) called Shibaswap, and comprises of three tokens including SHIB. The project also has a governance token called BONE, and another coin called LEASH which no longer has a specific use case other than staking.



Unlike other cryptos that tout a limited supply, SHIB has an intentionally abundant circulating supply of roughly 500 trillion, and a total supply of 1 quadrillion. In May, the Shiba Inu creators gifted nearly half of all the circulating supply of SHIB to <a href="https://{MIGRATED_DOMAIN}/videos/ethereum-eth-2-0-projections-you-have-to-see/">Ethereum</a> creator Vitalik Buterin. In response, Buterin <a href="https://etherscan.io/tx/0xb65bcbb85c1633b0ab4e4886c3cd8eeaeb63edbb39cacdb9223fdcf4454fd2c7" target="_blank" rel="nofollow noopener">burnt</a> 90% of it, and then donated the rest to various causes, including Covid-19 research in India.



It's not clear whether or not the SHIB market would've had the liquidity to handle Buterin selling all of coins, but the Ethereum founder noted he didn't "want the power."



In Shiba Inu's whitepaper – called the "woofpaper" – the creators name Buterin's act of genoristy as a defining moment for the nascent meme coin.



"It's impossible to guess whether or not Riyoshi knew that exposing us to this "weakness" would actually become our greatest strength. Either way, on May 12th, 2021, VB used Shib to make history. In an act of astonishing empathy and altruism, he responded to a humanitarian crisis on the other side of the globe by donating $1,000,000,000 of Shib to the India Covid Relief Fund...



The implications for Shib were incredible. This wasn't done to shave off more zeroes so Shib could reach higher values in the future, this was a deliberate act of which has already changed countless lives. VB was able to introduce hope to India when they needed it most."



There are hundreds of Dogecoin imitators and alternatives, but Shiba Inu has so far gained the most traction, getting <a href="https://www.binance.com/en/support/announcement/f1fe616e688b452f9d736753cb2d947a" target="_blank" rel="nofollow noopener">listed</a> on Binance in June and <a href="https://blog.coinbase.com/shiba-inu-shib-is-now-available-on-coinbase-e7fdd13856be" target="_blank" rel="nofollow noopener">Coinbase</a> last month.

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Is it Dog Season? Shiba Inu Explodes 200% This Week Following Another Elon Musk Tweet

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