Early clients may expect to get their state-of-the-art wallets as early as next week.
Only 5,000 wallets would be made accessible at launch.
The much-anticipated release of the Shiba Inu wallet was announced via the official Tangem Twitter account. Early clients may expect to get their state-of-the-art wallets as early as next week, as per the tweet.
Tangem and Shiba Inu have been working together on an innovative cold wallet solution since early May when the Swiss business initially announced the partnership. The cold wallet, which is about the size of a credit card, is designed to make managing cryptocurrency easier by integrating with the user’s mobile device.
The Tangem-Shiba team has meticulously crafted a wallet that is both beautiful and functional. The wallet, designed in the distinctive hues associated with Shiba Inu, also serves as a symbol for other tokens inside the Shiba Inu ecosystem, such as LEASH and BONE, and has a large token logo. The ever-expanding group of Shiba Inu fans are sure to appreciate this special touch.
Limited Wallets at Launch
However, the restricted distribution of the wallets is the only minor downside. Only 5,000 wallets would be made accessible at launch, despite Shiba Inu’s enormous address pool of 3.48 million. While this limited supply may be sufficient to meet the daily influx of new SHIB addresses, many fans are still waiting for their opportunity to get their hands on the highly sought-after cold wallet.
On the other hand, there has been a major struggle between bulls and bears in the SHIB price. Within a 15% range of the present price, IntoTheBlock’s In/Out of the Money Around Price (IOMAP) shows significant buying and selling areas functioning as support and resistance levels, illuminating the continuous interactions between these two groups.