The Shiba Inu team has revealed a proposal to introduce the Strategic Hub for Innovation in Blockchain (S.H.I.B.) in the U.S. The proposal aims to transform the United States into an epicenter for blockchain technology and sustainable development. The project could be pivotal in the global race for blockchain and digital asset-based investments.
The proposal includes a potential budget plan for the development of the strategic hub in the U.S., which ranges from $1.3 billion to $2.35 billion over a 5- to 10-year period. The project aims to create jobs, attract startups, and grow employment and technological advancements. Shytoshi Kusama, lead developer of Shiba Inu, requested “presidential candidates or interested parties” to participate in the endeavor.
Kaaldhairya, another prominent member of the Shiba Inu team, called out U.S. presidential candidate Donald Trump and billionaire Elon Musk, drawing their attention to the matter. The proposal has sparked a frenzy among market participants and brought attention to the Shiba Inu crypto venture. The Shiba Inu price traded at $0.00001745, up 4% intraday in tandem with the announcement of the proposal.
The coin’s 24-hour low and high were $0.00001642 and $0.00001743, respectively. The proposal and its potential impact on the Shiba Inu price are generating significant attention in the market. If supported, the Shiba Inu price could see a paradigm shift.