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- The cryptocurrency hardware manufacturer Tangem has introduced new cold wallets.
- This new release comes in response to significant demand, which resulted in the swift sell-out of the initial 5,000 units.
- The re-issue follows the rapid sell-out of the first batch due to considerable interest.
Tangem, a provider of cryptocurrency hardware, has recently declared the production of new cold wallets featuring the well-known meme coin Shiba Inu. The company announced on X that the latest batch is now available for purchase after the initial sale of 5,000 units last July.
The SHIB wallets from Tangem function by allowing users to securely keep private keys offline while facilitating transactions through a supporting mobile application. These compact devices are engineered to accommodate over 6,000 various cryptocurrency assets.
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The next set of SHIB Wallets is now up for grabs!
As we await the integration of #Shibarium, get your safest Tangem cold wallet today: https://t.co/Z2yyJx5sOC pic.twitter.com/XjIlSXNC7B— Tangem (@Tangem) August 21, 2023
The previous batch of 5,000 Shiba Inu wallets swiftly sold out due to the enthusiastic demand from the community surrounding the meme coin. Tangem is said to have shipped the initial units from Hong Kong to meet global pre-orders.
This new product launch coincides with the ongoing efforts of Shiba Inu developers to enhance real-world utility. Earlier this month, Shiba Inu sponsored a significant blockchain conference in Toronto, showcasing various adoption use cases. Simultaneously, the eagerly awaited Layer 2 scaling solution, Shibarium, has been launched on the testnet, yielding mixed outcomes.
The rollout of the Shibarium mainnet encountered challenges due to network congestion, leading to collaboration among developers to enhance capacity. Once fully operational, Shibarium aims to facilitate faster and more cost-effective transactions utilizing the popular Shiba Inu token.
For the time being, the latest Tangem hardware wallets offer an additional avenue for cryptocurrency storage and usage while highlighting the expanding ecosystem of Shiba Inu. This brand collaboration illustrates the token’s initiatives to penetrate mainstream consumer markets beyond the core cryptocurrency audience.
