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Home» Markets»Eyes on Shiba Inu as it readies for Bugatti Group partnership

Eyes on Shiba Inu as it readies for Bugatti Group partnership

rocketman 11 Jan 2023 Markets Comments Off on Eyes on Shiba Inu as it readies for Bugatti Group partnership 21 Views

  • Bugatti Group Company designs, manufactures and sells handbags, briefcases, and other accessories.
  • In partnership with Shiba Inu, Bugatti Group will host a special event.
  • The event is set for the following days.

ShibaInu seems to have kicked off the year 2023 with an explosion. The SHIB price has been steadily rising since January 1, 2023. Yesterday, on January 10, the meme-coin registered a high of $0.000009543 before slightly pulling back to today’s price of $0.00000898.

If the Shiba Inu ecosystem’s announcement on Twitter of a partnership with Bugatti Group, a North American luxury brand, is made, it is likely that the price will rise. This is the tweet which said, “Stay tuned for an upcoming event announcement in the next few days!” showed a video clip with the name Bugatti alongside the Shiba Inu logo leaving many to deduce that something is cooking between the two. The tweet tagged Bugatti Group’s official account on Twitter.

SHIBArmy reported that it added approximately 600 new holders each day in December. This indicates that people are still interested to purchase the Shiba Inu Coin SHIB (even during the crypto winter).

Bugatti Group NFT projects

Shiba Inu’s tweet comes a month after Bugatti Group launched its first-ever NFT project in partnership with Bored Ape Yacht Club (BAYC) NFT collection in November 2022. The partnership allowed luxury brand to print NFTs on luggage and crossbody bags. The partnership also allows “NFT holders to print their custom profile pictures on said products and soon on international retailers’ websites.”

According to sources and the tweet from the Shiba Inu ecosystem, Bugatti Group is now set to launch a limited–edition collection of physical items and collectable NFTs in partnership with Shiba Inu to honour the genesis NFT holders.

This limited edition collection will include 299 pieces at a price of 0.14ETH. Sources say that 95% of participants will receive a Bugatti Cross Body Luggage Bag, while the remaining 5% will receive a carry-on item with the ability to print their Shiboshi NFT designs.

Bugatti Group is offering a 55% discount for the first supporters of their collection.

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Posted by : rocketman
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