The Shiba Inu coin team announced its proposal to establish a Strategic Blockchain Innovation Center (SHIB) in the United States. This step created great excitement in the crypto community. Shytoshi Kusama, the lead developer of the project, shared the news on the X platform. Kusama invited presidential candidates and interested parties to support the project. This initiative by Shiba Inu aims to strengthen its influence in blockchain technology.
SHIB Project Goals and Budget Plan
On November 5, Kusama made an official statement about the project. He stated that the project aims to make the USA a center for blockchain technology and sustainable development. This initiative envisages work in areas such as infrastructure development, economic incentives, talent training and regulatory framework creation. The estimated budget for the project is between 1.3 and 2.35 billion dollars over 5 to 10 years.
This project is expected to bring results such as job creation, attracting startups, employment growth and technological advancement. It is also planned to audit the project’s global reach and marketing strategies and sustainable practices. These details ensured that the SHIB proposal was well received in the community.
Community Reaction and Market Movements
Kaaldhairya, an active member of the Shiba Inu community, tagged Donald Trump and Elon Musk to draw attention to the project. Kaaldhairya stated that they aim to contribute to business and technology by establishing a “Crypto Valley” in the USA. These statements created positive expectations for the future of SHIB coin. Following the project announcement, the SHIB price increased by 4%, reaching $0.00001745.
On the other hand, Elon Musk’s process regarding the Office of the Prime Minister’s Office of Efficiency (DOGE), Dogecoin 
$0.150852It also had a positive impact on . This led to other dog-themed meme coins also gaining attention.
Shiba Inu Team Goals
Shiba Inu’s SHIB project aims to stimulate economic and technological growth by supporting blockchain innovation in the United States. The project is seen as an important step not only for the Shiba Inu community but also for the overall crypto ecosystem. Kaaldhairya stated that SHIB is the ideal candidate for America’s own “Crypto Valley”.
This initiative of the Shiba Inu team is considered a big step in the spread of blockchain technology and the adoption of cryptocurrencies. What impact the project will have in the coming period will be followed with interest.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
