Here is the rewritten content in HTML format:
TL;DR
Change of Plans
Shiba Inu was set to hold a global conference in Bangkok, Thailand, on November 9. The event, called ShibaCon, aimed to bring together developers, supporters, and enthusiasts from around the world to discuss the project’s technological progress and potential ecosystem developments. However, the team has announced a last-minute postponement, citing the need to secure a more exciting experience for attendees.
Background
The conference, originally scheduled for November 9, was expected to be a major event for the Shiba Inu community. The project’s supporters were eagerly awaiting the opportunity to connect with developers, learn about the latest updates, and share their experiences. Unfortunately, the team made a surprise announcement, citing the need to "reimagine" the event and provide an even better experience for attendees.
Postponement and Refund Details
Ticketholders will receive a full refund and free VIP tickets for the rescheduled event. The team assured that all attendees will receive an email with details on the new dates and location. The postponement has left some users with mixed feelings, with some speculating that the lack of interest in the conference might be behind the decision, while others are happy to receive the best tickets in the future gathering for free.
SHIB Price Rally
Despite the postponement, the Shiba Inu’s price has surged substantially, reaching a market capitalization of approximately $11 billion. In the past month, the price has soared by over 40%, with some speculating that the rally might be fueled by investors’ optimism about the project’s potential.
Market Analysis
The resurgence has benefited many holders of the meme coin. Currently, 53% of its total investors are in profit, while 43% are underwater, and only 3% are break-even. The situation has improved drastically from last year, when almost 90% of all SHIB holders were in the red. Most investors (nearly 80%) joined the bandwagon more than a year ago, with 19% doing so in the past 12 months, and a mere 2% in the last 30 days.
Conclusion
The postponement of ShibaCon has left some users with mixed emotions, but the project’s community remains resilient. The surge in SHIB’s price and market capitalization is a testament to investors’ optimism about its potential. As the project continues to evolve, it will be interesting to see how its community responds to the changes.
FAQs
Q: What is the reason for the postponement of ShibaCon?
The team behind Shiba Inu has announced that they need to secure an even more exciting experience for attendees, hence the postponement.
Q: Will I receive a refund if I purchased tickets?
Yes, ticketholders will receive a full refund and free VIP tickets for the rescheduled event.
Q: What is the current market capitalization of SHIB?
The current market capitalization of SHIB is approximately $11 billion.
Q: How has the price of SHIB performed in the past month?
The price of SHIB has surged by over 40% in the past month.
Q: What percentage of SHIB holders are currently in profit?
Approximately 53% of SHIB holders are currently in profit.
