KEY POINTS
- His Excellency Eng Sharif Al Olama said the partnership represents the UAE's commitment to supporting cutting-edge digital solutions
- $SHIB's Shytoshi Kusama said the team was pleased the Ministry views Shiba Inu as a 'cornerstone for next-generation infrastructure'
- $SHIB is the world's second-largest memecoin by market cap and is also the closest challenger to $DOGE's popularity
The United Arab Emirates' Ministry of Energy and Infrastructure (MoEI) on Tuesday announced a strategic partnership with Shiba Inu (SHIB), the world's second-largest memecoin by market cap, sending the token up on X's top trending business and finance topics.
