Following an announcement made at the end of 2022 proposing to launch its own blockchain earlier this year, Shibarium, the team behind memecoin Shiba Inu (SHIB) suggested last weekend that it could close a partnership with luxury brand Bugatti Group, Headquartered in Quebec (Canada) with offices in the United States and Asia, the manufacturer of luggage, bags, handbags, and accessories, among other products.
In an anticipatory tone, the Shiba Inu team wrote to their 3.6 million Twitter followers:
Stay tuned for an upcoming event announcement in the coming days.
Stay tuned for an upcoming event announcement in the next few days! pic.twitter.com/VzvwUI2rOU
– Shibtoken January 8, 2023
The idea of memecoin and branding together is expressed in the video Shiba Inu attached to the post, in which shiboshi, non-fungible tokens (NFTs) launched in October by the Shiba Inu ecosystem, seal Bugatti bags.
Despite the evidence, which includes tagging a memecoin metaverse account, the final partnership templates cannot be confirmed. That’s because, in November last year, the Bugatti Group announced a partnership with NFTs Bored Ape Yacht Club (BAYC) group. On the occasion, the company reported the creation of a batch of NFTs consisting of six rare items and five physical items including a crossbody bag, backpack, backpack, and bags.
“We are excited to share our initial initiative in the world of Web3. We are always looking for new ways to innovate and feel that Web 3 is at the forefront of contemporary culture,” said Andrew Hatem, CEO of Bugatti Group.
In November, the CEO of the cryptocurrency trading app Mel Gelderman highlighted the culture of memecoins and said that they are going back to before Bitcoin and Ethereum. Coincidentally or not, Shiba Inu and Dogecoin (DOGE), which are the two main memcoins in the market, were among the five most searched cryptocurrencies on Google in 2022.
Who also appears interested in SHIB is cryptocurrency exchange Binance, which holds 91.5 trillion Shiba Inu tokens, as reported by Cointelegraph Brasil.