- 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 next batch of SHIB Wallets is available for sale!
While we are all waiting for the #Shibarium integration, buy your safest Tangem cold wallet right now: https://t.co/Z2yyJx5sOC pic.twitter.com/XjIlSXNC7B
— Tangem (@Tangem) August 21, 2023
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.
