Shiba Inu: 1st Batch of SHIB Wallets Expected on July 24

Paigambar Mohan Raj
Source: The Crypto Basic

According to a Japan-based Shiba Inu (SHIB) Twitter account, SHIB’s hardware wallet is estimated to begin delivery by July 24. The user also shared a screenshot of an email from Tandem, SHIB partner in creating the wallet. According to the email, the first batch of the wallets is en route to their Hong Kong warehouse. Customers can anticipate a fulfillment email with a tracking number or link to follow the status of their goods after the product is shipped.

Tangem has also given a discount code for customers’ patience and understanding. Users can receive a 10% discount on their purchase by using the coupon “HAPPY10.”

Also Read: Shiba Inu Wallets To be Given Away Before Launch

The wallet is another initiative to facilitate more real-world use cases for the SHIB ecosystem. However, it should be noted that July 24 is the “estimated” date for delivery. It is not confirmed from an official source.

Shibarium to follow Shiba Inu’s hardware wallet?

Shiba Inu’s hardware wallet roll-out date is close to the estimations of SHIB’s layer-2 network, Shibarium, debut. According to Shytoshi Kusama, SHIB’s lead developer, Shibarium will be ready by August. Therefore, going by Tangem’s SHIB wallet launch, both products seem to be eyeing a release almost together. However, the SHIB team has not given an exact launch date for Shibarium yet. Although past estimations point towards an August launch, there is no official date yet.

Furthermore, the anticipation for Shiba Inu’s layer-2 network has also led to a Bone ShibaSwap (BONE) rally. The token is set to be the official governance token for Shibarium and it has rallied by 14.8% over the previous week, and by 46.7% in the 14-day charts. At press time, BONE was trading at $1.06, up by 4.9% in the last 24 hours.

Also Read: Shiba Inu Wallets To be Given Away Before Launch

The increased activity may have also led to a rise in burns. According to Shibburn, Shiba Inu’s burn rate has surged by 455.5%. At press time, Shiba Inu (SHIB) was trading at $0.00000769, up by 0.3% in the last 24 hours.