The viral Shiba Inu Times Square ad was a hoax, according to Silvercast Media, a New York-based advertising business. It’s merely a depiction of the media company’s stunning billboard in the centre of Manhattan, according to the company.
The screen spans a city block on Broadway between 45th and 46th Streets, attracting 1.5 million daily visitors. Videos purporting to show a digital billboard promoting the Shiba Inu cryptocurrency in the midst of Times Square went popular on Twitter on Sunday. Shannon Bray, a U.S. Senate candidate, received over 5,500 likes on a tweet she sent out.
The irony of having $shib on a billboard in Times Square is that it is tough to buy $shib in some exchanges due to NY regulations. But, yes, New Yorkers can be in the #shibarmy too! pic.twitter.com/1HyvlLxteM— Shannon Bray (@ShannonBrayNC) October 31, 2021
On Twitter, there was a slew of additional ecstatic messages about the commercial, each with hundreds of likes.
BREAKING: There’s a massive $SHIB billboard in Times Square today!IT SAYS:”We will reach the moon soon.” 🚀 pic.twitter.com/AeNfAzwyii— Julia Mcllarth (@juliamcllrath) October 31, 2021
Although joke cryptocurrencies like Dogecoin and Safemoon were marketed in Times Square earlier this year, the Shiba Inu billboard is fake. For only $15, a user on the famous gig marketplace Fiverr offers to apply such visual effects. In reality, in June, the identical bogus Times Square ad advertising Shiba Inu began spreading on Twitter.