Is the Bugatti Group Partnership with Shibu Inu Real?

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A tweet from the social media account of Shiba Inu around the world suggested that a new partnership bugatti group would be announced between the meme-inspired cryptocurrency and North American luxury brand Bugatti Group.

In a tweet on Shib’s account shared by more than 3.6 million followers on the microblogging platform, the service indicated that “announcement of upcoming events in the coming days,” along with a short video featuring various shiboshis and wallets, purses, handbags, and accessories. He tagged the official Bugatti Group social media account.

Shiboshis are non-fungible tokens (NFTs) that are exclusive to the Shiba Inu environment released in October 2022. Shib’s tweet comes shortly after the Bugatti Group announced its first NFT project in November 2022, in partnership with the Bored Ape Yacht Club (BAYC) NFT collection.

Bugatti Group: Montreal Brand Partners with BAYC for NFT Handbags

The Montreal-based luxury brand has partnered with BAYC to print exclusive NFTs on handbags and shoulder bags and soon on international retailers’ websites, investing in the construction of a new company with technology and high speed machine. At the time, Bugatti Group CEO Andrew Hattem said that the company is always looking for new ways to expand its borders and believes that Web 3 is at the forefront of modern culture. His statement at the time read:

The state-of-the-art technology will also enable NFT holders to publish personalized profile pictures on the products and soon on international retailers’ websites. As mentioned, in December, SHIBARmy adds around 600 new transactions per day, even in the middle of the ongoing crypto bear market. This number is down from around 1,500 new wallets holding $SHIB earlier this year, as the disruption in the cryptocurrency space has also affected trading volumes and the interest of traders in the space.

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