24/7 Cryptocurrency News

Shiba Inu Hardware Wallets to be Delivered on this Date, SHIB Price Reacts

The long awaited Shiba Inu hardware wallets are now set to be delivered later this month per email updates sent to potential users
Published by
Shiba Inu Hardware Wallets to be Delivered on this Date, SHIB Price Reacts

The Shiba Inu community is enthralled with a recent revelation that the memecoin’s long awaited hardware wallet is set to be delivered to users who placed early orders in just a matter of weeks.

Advertisement

The Latest Shiba Inu Wallet Update

The Shiba Inu wallet is the brainchild of the memecoin and Tangem, the next-generation hardware wallet that can store all your crypto assets in a simple and secure way. Following months of developmental efforts, users who preordered the hardware back in May have started receiving updates detailing the timeline the device will be delivered.

One of the email updates shared by a Shiba Inu community member shows the wallets are slated to be delivered by July 24. According to the update, the first batch of the wallets are enroute to Tangem’s warehouse in Hong Kong.

The hardware wallet marks another avenue by which Shiba Inu is aiming to deepen its foothold as a protocol dedicated to infrastructural growth and utility. Should the products being expected work as anticipated, Shiba Inu will now become the first memecoin to launch a dedicated wallet for its growing Shibarium ecosystem, a feat most full blown layer-1 blockchains are yet to achieve.

Shiba Inu also created a pace for its peers to catch when it announced plans to launch Shibarium in a bid to support the proliferation of functional decentralized applications and smart contracts. The anticipated Tangem wallet will help boost the security and storage capabilities of the tokens associated with the memecoin including BONE and LEASH amongst others.

Advertisement

Impact on Shiba Inu Price

The SHIB community is notably not pricing in the news as expected riding on the role the hardware wallet will play in the ecosystem. At the time of writing, the protocol was changing hands at a price of $0.000007729, up by 2.04% over the past 24 hours and by 1.72% over the past 24 hours.

Image Source: Coingape/Highcharts

While the hardware wallet may not impact the meme coin directly, it is designed to contribute to the overall growth of Shiba Inu, which eventually will have an underlying bullish impact on its price in the long term.

Advertisement

Share
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

Spot Bitcoin ETFs Record 2nd Best Weekly Inflows Ever, Bloomberg Analysts Bullish

Spot Bitcoin ETFs saw nearly $3.3 billion in net inflows last week, the 2nd largest…

October 6, 2025
  • 24/7 Cryptocurrency News

Michael Saylor Says “No New Orange Dots” Pausing Bitcoin Buys as Holdings Hit Record $79B

Michael Saylor hinted that Strategy would not be making its routine Bitcoin purchase this week.…

October 5, 2025
  • 24/7 Cryptocurrency News

Experts Turn Bullish on Pudgy Penguins as PENGU Leads Meme Coin Buys on Solana

Crypto experts have begun to make bullish projections for Pudgy Penguins’ native token, PENGU. This…

October 5, 2025
  • 24/7 Cryptocurrency News

ASTER to Launch Phase 2 Airdrop on October 10 as Open Interest Tops $5B in Two Weeks

ASTER has announced that the roadmap for its second airdrop phase is set to begin…

October 5, 2025
  • 24/7 Cryptocurrency News

El Salvador’s Bitcoin Holdings Hit $475M Profit as BTC Becomes World’s 7th Largest Asset

El Salvador is now sitting on $482 million in unrealized gains in its Bitcoin holdings.…

October 5, 2025
  • Bitcoin News

Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force

The Bitcoin price has hit a new all-time high, after staging a monstrous rally since…

October 5, 2025