Shiba Inu Coin Collaborates with K-Pop Festival Featuring Squid Game Challenges and Leading Korean Rappers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 18 2025
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Source: Benzinga
Event Announcement: The Shiba Inu (SHIB) token team will co-host a cryptocurrency and K-pop event called the "1001 Festival" in Seoul on September 24, featuring popular rappers Gray and Loco.
Cultural Integration: The festival aims to merge Korean gaming culture with cryptocurrency, including games inspired by Netflix's "Squid Game."
Ticketing Details: Tickets for the event are available in three categories: Standard, VIP, and VVIP, with the latter two requiring approval.
Market Context: Cryptocurrency is highly popular in South Korea, often trading at a premium compared to international markets, and SHIB has seen a decline of over 17% in value in the past month.
Analyst Views on KWM
About KWM
K Wave Media Ltd. plans to be engaged in the intellectual property (IP) content business. The Company’s IP content business focuses on creating, investing in, managing, licensing, and monetizing IP content, such as television shows, movies, dramas and music. The Company’s IP content business is the creation of original content or the acquisition of rights to existing content from creators, artists, or other sources, such as films and television shows. In the case of the merchandising company, it involves the merchandise sales of IP Content based on a popular musician, television shows and movies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
