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Shiba Inu

Shiba Inu Team Postpones ShibaCon Conference With Less Than A Month To Go, What Happened?

Scott Matherson
by Scott Matherson
10 months ago
·
Posted in Shiba Inu
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

To the surprise of various community members, the Shiba Inu team has announced the postponement of the highly anticipated ShibaCon conference. Originally, scheduled to take place on November 9, the Shiba Inu team has decided to reschedule the ShibaCon conference till further notice, leaving many in the community wondering what prompted the sudden change. 

ShibaCon Conference Delayed

On October 14, the Shiba Inu team released a statement via its official SHIB social media account on X (formerly Twitter). According to the team, the ShibaCon conference, which was scheduled to take place in Bangkok, Thailand, four days after the US Presidential elections on November 5, has been indefinitely postponed. 

Related Reading: Dogecoin Makes Grayscale’s List Of Potential Crypto Products, Is A DOGE ETF Coming?

The news which was dropped just three weeks before the conference has left many in the Shiba Inu community guessing what may have caused the unexpected change of plans. While not going into the full details behind the ShibaCon delay, the Shiba Inu team has clarified that the reason for the postponement was made to ensure the event would deliver a more favorable and exciting experience for participants. 

While the delay could have been disappointing for those who had been eager to attend, the Shiba Inu team are optimistic that the postponement was the best decision made to allow them to create a ShibaCon that surpasses expectations, bringing together Web3 pioneers, developers and the ShibArmy. 

To make up for the inconvenience of the postponement to those who have already purchased tickets for the event, the Shiba Inu team announced that they would be notified via email and receive a full refund. The team also expressed gratitude to the community members who had supported the event by buying a ticket, emphasizing that they would be given a free VIP ticket as compensation These VIP tickets will be issued once the new venue and date for the ShibaCon event is confirmed. 

Shiba Inu Team Gets Heat For ShibaCon Delay

Following its announcement of the postponement of the upcoming ShibaCon event, many SHIB community members expressed differing opinions about the unexpected change. Some members were excited about the VIP tickets, stating how lucky it was that they got these exclusive tickets for free. A few others thanked the Shiba Inu team for informing the community on time and supporting the announcement with a positive meme. 

Related Reading: Dogecoin Reaching Its $80 Billion Market Cap Peak Won’t Mean A New ATH, Here’s Why

On the other hand, a significant number of community members criticized the team for the sudden change, calling the announcement a joke while highlighting that the reason they may have delayed the event could be because they failed to sell enough tickets.

Despite the heated comments and the unexpected ShibaCon delay, the price of Shiba Inu has been performing relatively well. The value of the cryptocurrency increased by 6.6% over the past seven days, pushing its current price to $0.000018, according to CoinMarketCap. Data from Coinglass has also revealed an increase in Shiba Inu’s trading volume, which has jumped 23.78% in the past 24 hours, reaching $226.12 million.  

Shiba Inu price chart from Tradingview.com
SHIB price drops sharply | Source: SHIBUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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