The cryptocurrency market has undergone some of the most catastrophic downfalls in 2022. From the fall of the Terra empire in May to the most recent fall of the FTX empire, those entities that were perceived by the outside world as being robust collapsed in a matter of days.
As soon as the CPI numbers were released, the market’s downward trend in cryptocurrencies reversed. Most currencies, including meme currencies, are now trading favorably.
In one of their recent tweets, the official Twitter handle of Shiba Inu tweeted about a surprise countdown. What is the surprise all about? Let us find out.
Shiba Inu team gives a surprise countdown
Shiba Inu Twitter account shared a website with a countdown ticker. The website depicts a countdown with a dog staring out the window. However, it is unclear what the countdown is about.
The SHIB Army began speculating about what the countdown could be. Many believe it to be an update regarding Shibarium. However, many even believe that it is just a distraction by the SHIB developers.
Nevertheless, if the update is a relevant one, the price of SHIB could be greatly affected. A much-anticipated Shibarium update could also help drive Shiba Inu prices higher. SHIB is trading at $0.000008538 at press time, with a 5.6% gain in the last 24 hours.