The Shiba Inu [SHIB] ecosystem grew into immense popularity this year. The plethora of partnerships and deals always kept the network relevant. The dainty price of the asset did not bother anyone. The world continued showering immense support towards the dog-themed crypto. So much so that a restaurant was inspired by the asset. Welly, a fast-food chain went from being a mere eatery to a network on its own. Further elevating its digital presence, Welly decided to roll out NFTs. This highly anticipated collection was closer than the community expected it to be.
Just last week, Welly’s announced that the big NFT mint event was just one week away. In a recent Twitter thread, the Shiba Inu-inspired restaurant revealed the Mint Calendar of its NFT. According to the Mint Calendar, the entire event is split into three days and phases. Phase 1 would kickstart on the 9th of June and would entail 12 hours of Leash and Shiboshi minting. It would then go on to the 10th of June when SHIB and BONE would be open for minting post 8 AM UTC.
The private sale would commence post 8 PM UTC on 10th June as part of Phase 2. Welly would then carry out the public sale in its third and final Phase on 11th June.
Shiba Inu and its slender price recovery
The bearish market was upon the entire crypto-verse. With big players like Bitcoin [BTC] stumbling, small coins had no say. Similarly, Shiba Inu was painted in red for several consecutive weeks. Over the last couple of days, the asset dropped by 8 percent. However, nothing can match its 87 percent plummet from its all-time high of $0.00008845.
During press time though, the asset finally managed to acquire a breath of fresh air as it witnessed a 1.37 percent surge over the last couple of hours. Shiba Inu’s price, however, was stuck at $0.0000107.
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