The entire crypto community was baffled after they saw the Shiba Inu dog on a Times Square billboard. However, this excitement did not last long after they figured that it had nothing to do with SHIB.
The Shiba Inu army has been yearning for collaboration between SHIB and Amazon. The community assumed that this had finally come true as the Times Square billboard displayed something called “Shibazon.”
The above-mentioned symbol was a dead ringer for the Amazon logo. But, people started calling FUD after they realized that shibazon was “coming soon” on the crypto exchange LBank. A QR code was also displayed on the billboard with Uniswap, Certik, and Etherscan written below it.
All of this brewed more confusion. While the Shib Army was seeking answers, Xanders Shib, the Admin at the Shiba Venezuela community cleared the air. Xanders Shib took to Twitter and clarified that the billboard had absolutely nothing to do with the Shiba Inu token or the ecosystem. He went on to call shibazon for mooching off the name and popularity of SHIB.
‘Shibazon’ has nothing to do with Shiba Inu or Amazon
Amazon is undoubtedly one of the biggest e-commerce platforms to exist. The inclusion of Shiba Inu into Amazon has been widely sought after. The Shiba Inu dog was even utilized by Amazon for their Amazon Day Delivery website, which sparked excitement within the community.
Amidst all of this, shibazon rose to popularity thanks to all the confusion created by it. While there isn’t accurate information on what shibazon might really be, the community speculated that it was a brand new crypto asset.
Additionally, as this drama persists, Shiba Inu was dropping by almost 4% over the last 24-hours. During press time, the asset was trading for $0.00002327. Similar to its price, the altcoin’s market cap had also taken a hint and SHIB veered to 15th rank.