Fri, September 27

Shiba Inu Partner Unveils Additional SHIB Cold Wallets for Sale

Shiba Inu Poised for New ATH: Historical Data Suggests Potential 249% Surge Altcoin News
  • Cryptocurrency hardware provider Tangem has launched fresh cold wallets.
  • The new release follows high demand that led to the rapid sell-out of the initial 5,000 units.
  • The re-release comes after the initial batch quickly sold out due to strong interest.

Cryptocurrency hardware provider Tangem recently announced the manufacture of new cold wallets featuring the popular meme coin Shiba Inu. The company stated on X that the latest batch is now available for purchase after an initial 5,000 unit sale this past July.

Tangem’s SHIB wallets operate by allowing users to securely store private keys offline while enabling transactions through an accompanying mobile app. The slim devices are designed to support over 6,000 different cryptocurrency assets.

The previous supply of 5,000 Shiba Inu wallets quickly sold out amidst strong demand from the meme coin’s enthusiastic community. Tangem reportedly shipped the first units from Hong Kong to fulfill global pre-orders.

The new product integration comes as Shiba Inu developers continue working to boost real-world utility. Earlier this month, Shiba Inu sponsored a major blockchain conference in Toronto, highlighting adoption use cases. Meanwhile, the protocol’s long-awaited Layer 2 scaling solution, Shibarium, launched on the testnet to mixed results.

The Shibarium mainnet rollout suffered setbacks from network congestion, prompting collaboration between developers to improve capacity. Once fully operational, Shibarium aims to enable faster and less expensive transactions using the popular Shiba Inu token.

For now, the latest Tangem hardware wallets provide an additional portal for cryptocurrency storage and use while spotlighting Shiba Inu’s expanding ecosystem. The brand collaboration exemplifies the token’s efforts to penetrate mainstream consumer markets beyond core cryptocurrency audiences.

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.