Shiba Inu enthusiasts and investors have been eagerly awaiting the arrival of the Shib-themed Cold Wallet, and now an official update from the Shiba Inu’s Twitter account has shed light on the much-anticipated release. The Shiba Inu Ecosystem Officer, Lucie, recently hinted that there would be an update regarding the pre-orders for the Shiba Inu Cold Wallet.
According to a tweet from the official SHIB Twitter account, the pre-orders for the Shib-themed cold wallets will commence on May 29, 2023. This news has sparked excitement among the SHIB community, who have been eagerly anticipating the launch of this unique wallet.
#SHIBARMY! @Tangem is about to unleash SHIB-themed cold wallets! 🎉 These card-shaped vaults are set to become your new best friend for safeguarding our ecosystem’s tokens. Get ready to fetch your own when pre-orders kick off on 29th May: https://t.co/6jXEBjOCP5 pic.twitter.com/7kAfLZYHPG
— Shib (@Shibtoken) May 18, 2023
The Shiba Inu has partnered with Swiss blockchain company Tangem to introduce the Shib-themed Cold Wallet. This wallet, shaped like a credit card, offers a convenient and secure way for users to safeguard their ecosystem’s tokens. One of the key advantages of this wallet is that it eliminates the need for a PC or laptop, as users can manage their digital assets using just their phone and the credit card-shaped vault.
Notably, the Shib-themed Cold Wallet supports over 6,000 different cryptocurrencies, allowing users to store and manage a wide range of digital assets, including SHIB, from anywhere in the world. Additionally, users will have the ability to access decentralized crypto exchanges (DEX), NFTs, and DeFi without the need for logging in on their PC. This convenience and accessibility make the Shib-themed Cold Wallet an attractive option for Shiba Inu enthusiasts.
In other news, the Shiba Inu coin has gained further traction with its recent listing on the Brazilian crypto exchange Digitra.com. This listing means that Digitra users can now buy, sell, or store SHIBs without incurring any fees. The addition of Digitra.com as a supporting platform further strengthens the Shiba Inu’s presence and accessibility within the cryptocurrency market.
However, it’s important to note that the burn rates of Shiba Inu tokens have seen a significant increase. According to SHIB’s website, the burn rates are currently up by 182%. In the past 24 hours alone, a staggering 2,078,271 SHIB tokens were burned in a single transaction. This development highlights the ongoing commitment to token burning as a strategy to manage and control the supply of SHIB tokens.
As the Shiba Inu ecosystem continues to evolve and introduce new developments, such as the Shib-themed Cold Wallet and strategic partnerships, it remains an intriguing project within the cryptocurrency landscape. With its growing popularity and innovative initiatives, the Shiba Inu is undoubtedly capturing the attention of crypto enthusiasts worldwide.
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