Shibacals, a peculiar real-life component of the Shiba Inu ecosystem, recently announced plans to launch an NFT collection. The upcoming launch of these NFTs, also known as the ‘Celebrities NFT Collectibles,’ comes in collaboration with Busta Rhymes.
Busta Rhymes, a.k.a. Trevor George Smith Jr., is a distinguished American rapper and songwriter with a substantial worldwide influence.
Meanwhile, the upcoming NFT launch sparked immense curiosity within the digital token world as it comes during an NFT market slump. However, a key player within the Shiba Inu ecosystem, LucieSHIB, shed light on the upcoming NFT launch.
A Closer Look Into The Collaboration
Shibacals, a platform backed by the Shibarium ecosystem, announced the launch of the aforestated NFT collection today, December 9. Furthermore, the collection ‘Chooky feat. Busta Rhymes’ is all set to drop next year.
As per the statement, December 20, 2024, marks the date for the release of Chooky feat Busta Rhymes NFT collectibles.
Moreover, interestingly, Busta Rhymes promoted the collaboration by taking the NFT launch news to an X post. Besides, the songwriter claimed the collection to be an authenticated limited edition, fueling inquisitiveness within the NFT realm.
The aforestated launch also comes in harmony with the recent upsurge witnessed by the Shiba Inu cryptocurrency.
Also read: Pro-XRP Lawyer & Bloomberg Analysts Slam US SEC’s ‘Crypto Asset’ Remark
Shiba Inu Resurrects
Shiba Inu price, at the time of writing, witnessed a bump of 4.54% over the past day, evaluating $0.00001041. Moreover, the token noted substantial gains over the past week, upswinging 23.85% coupled with a monthly upsurge of 20.92%.
According to market charts, the token went bearish since May this year. However, following a tempest of strides made by the Shiba Inu crypto community, the token appears to have revived itself. In addition, in a cyclone of breakthroughs, the token’s community appears to have burnt noteworthy amounts of SHIB to date.
Moreover, Shytoshi Kusama, the lead developer of Shiba Inu, also stressed the growing speculation over SHIB and BONE burn on Shibarium recently.
Nevertheless, the community’s upcoming NFT launch is also eyed by crypto market enthusiasts as the SHIB token reflects a positive standpoint for the future.
Also read: Shiba Inu Lead Shytoshi Kusama Confirms Over $1 Million In SHIB And BONE Burn
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