- Shiba Inu announces sale of 10,000 randomly generated NFTs available for sale on ShibaSwap.
- Buyers will be able to name their Shiboshis by burning SHIB tokens, further reducing the tokens in circulation.
- Dogecoin millionaire Glauber Contessoto currently holds nearly $2 million worth of DOGE tokens and is reluctant to sell.
Analysts have noted declining interest in Shiba-Inu-themed cryptocurrencies: Dogecoin and Shiba Inu token. However, the latest developments in the Shiba Inu ecosystem are set to drive scarcity in the circulating tokens.
Shiba Inu jumps on the latest crypto trend, announces launch of NFTs
Shytoshi Kusama, developer and leader of the Shiba Inu token ecosystem, announced the launch of 10,000 NFTs on decentralized exchange ShibaSwap. The collection of randomly generated NFTs is named “Shiboshis.”
The new product release in the Shiba Inu ecosystem is only available for LEASH holders. The sale ends within 24 hours.
Further, each buyer has the ability to change the name of the Shiboshi they buy by burning SHIB. Shytoshi refers to SHIB, BONE and LEASH tokens as the “Shib Token Trifecta.” The announcement drops hints of another launch in the gaming or play-to-earn ecosystem.
Shiboshis are coming. Learn more about them, why you might want some $LEASH for the drop, and why I'm so pumped about @NOWPayments_io making Shib available in this new MEDIUM! https://t.co/gQhIdUJqVN
— Shytoshi Kusama (@ShytoshiKusama) September 24, 2021
