Cryptocurrency

Dogecoin Founder Refuses to Help Elon Musk, Shiba Inu’s Metaverse to Be Featured at SXSW Texas

IndustryTrends

Two of the most popular meme-inspired cryptocurrencies, Dogecoin (DOGE) and Shiba Inu (SHIB), have been in the news recently for different reasons. While the co-founder of DOGE, Billy Markus, has refused to work with Elon Musk on a new decentralized social media platform, the metaverse of SHIB, called SHIB The Metaverse, is set to be showcased at a virtual reality/augmented reality exhibition in Southwest (SXSW) festival.

COVO Token has surged by 70% in the past few weeks due to growing interest in decentralized finance (DeFi) solutions after the FTX fallout. As more users adopt the Covo Finance platform, demand for the COVO Token is expected to increase, potentially leading to further price increases. COVO is the native utility token of the COVO Finance platform. Covo Finance is a decentralized spot and perpetual exchange that enables users to trade and swap popular cryptocurrencies, such as BTC, ETH, and MATIC, directly from their wallets with up to 50x leverage. The token provides several benefits, including rewards of 30% of all generated protocol fees, esCovo tokens(which can be staked to coveted to COVO), and Multiplier Points.

Dogecoin founder has Declined Elon Musk's offer to build Decentralized Twitter

Billy Markus, one of the co-founders of Dogecoin, has declined Elon Musk's offer to help create a decentralized social media platform known as "Twitter 2.0." Musk recently hinted that he was working on a new project called "Twitter 2.0" that would be based on blockchain technology and offered more freedom and transparency for users. Markus tweeted that he was not interested in working with Musk or anyone else on such a project.

Markus has been a vocal critic of Musk's influence on DOGE's price movements and volatility. Markus's tweet rejecting Musk's offer sparked mixed reactions from Twitter users. Some called him foolish or jealous for missing out on a potentially lucrative opportunity. Markus has said that he no longer owns any DOGE because he sold them all in 2015 due to financial difficulties.

Unstoppable Domain is a platform that allows users to create decentralized websites and domains that are censorship-resistant and self-sovereign. Dogecoin (DOGE) has also become the latest payment option for unstoppable domains. Users can now pay for their domains with DOGE and other cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

Shiba Inu (SHIB) Metaverse to Be Featured at SXSW Texas

The metaverse of SHIB is called SHIB The Metaverse, and it consists of various hubs that offer different experiences and themes. One of these hubs is the WAGMI Temple, which stands for We Are Going to Make It. The WAGMI Temple is a spiritual and educational center where users can learn about SHIB's history, culture, and vision12.

SHIB The Metaverse will showcase the WAGMI Temple for the first time at a virtual reality/augmented reality exhibition in Austin, Texas, in March 2023. The exhibition is part of the South by Southwest (SXSW) festival, an annual event celebrating innovation and creativity in various fields such as music, film, technology, and media12.

The exhibition will allow attendees to explore the WAGMI Temple using VR/AR devices and interact with other users and avatars. They will also be able to access exclusive content and features related to SHIB's ecosystem, such as NFTs (non-fungible tokens), games, art, music, podcasts, and more12.

The team behind SHIB The Metaverse hopes this event will attract more attention and adoption for their project. They also hope it will inspire other developers and creators to join their community and contribute to their metaverse. They believe that SHIB The Metaverse will be a unique and innovative platform that will empower users to express themselves and have fun

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Qubetics Presale: Low $0.0212 Entry Point Makes It a Top Pick as the Best Crypto to Buy Now as LTC Eyes $100 and ADA Expands

Top Crypto-Friendly Banks and Financial Services

Memecoin Frenzy Ignites: Brett and Dogecoin Target $1, Analyst Predicts 10x Surge for Lunex Network

Altcoins Are Pumping Like Never Before: AAVE Up 35%, Injective Jumps Over 40% and Lunex Network Surges 75%, What’s Next?

Best Online Platforms for Freelance Crypto Developers