Boxing superstar Manny Pacquiao has made headlines by entering into a partnership with Shiba Inu, a well-known meme coin network. This Manny Pacquiao Shiba Inu partnership is part of the celebrations for the launch of the second edition of The Shib Magazine. Following a Bitcoin ETF-led rally, SHIB has seen a significant 26% increase over the last 30 days.
Details of the Partnership
Pacquiao announced his partnership with the Shiba Inu meme coin network, causing a wave of excitement among the crypto community. The confirmation came through a video posted on the Manny Pacquiao Foundation’s page, where he thanked the SHIB community for their support and expressed enthusiasm about the partnership.
Impact on the Shiba Inu Coin
This partnership followed a previous announcement from the Shiba Inu team, hinting at a collaboration with a well-known athlete. As part of the announcement, the partnership, along with a 3,000 NFT distribution, was to mark the meme coin’s release of the second edition of The Shib Magazine. Notably, Pacquiao is joining fellow legend Mike Tyson in the crypto ecosystem, with both launching NFT collections.
Following the announcement, SHIB, along with other tokens, has seen remarkable gains during the Bitcoin ETF-led bull rally. According to data from CoinGecko, the token has gained 26% in the last 30 days, and it has also sustained a positive run with a 3% increase in the past 24 hours. However, trade volume has since slowed, with a 7% drop within the same period.
Shiba Inu’s Current Market Position
At the time of writing, Shiba Inu is trading at $0.000008747. With a market cap of $5.21 billion, it ranks as the 19th largest cryptocurrency network based on market cap.
For those interested in tracking the impact of the Manny Pacquiao Shiba Inu partnership on the token’s performance, the cryptoview.io application provides a comprehensive and real-time overview of the crypto market. It’s a valuable tool for anyone wanting to stay updated on the latest developments and trends in the cryptocurrency world.
