Shiba Inu (SHIB) Completes Major Milestone: 20K NFTs Claimed

TL; DR

SHEboshi NFTs, associated with Shiba Inu (SHIB), sold out in less than three hours after launch, with all 20,000 collectors claiming before the public hatch phase. Initially priced at 0.05 ETH each, SHEboshi NFTs now have a floor price of 0.175 ETH on OpenSea.

Popular Meme Coin Shiba Inu (SHIB) It exploded In another huge chapter, this time related to the irreversible token field. The data shows that SHEboshi were NFTs. sold out Less than three hours after the completion of the second procedure.

Amazing #sheboshes sold out in less than 3 hours #shibarmi… 🤔 pic.twitter.com/qEwIDChPW7

— Jolt (@Jolt_yourday) February 23, 2024

The team behind Shiba Inu announced that the distribution of 20,000 digital sets will include three stages: free claim for Shiboshi holders, exclusive access for LEASH holders, and a public mint. The third stage does not occur due to the mentioned development.

The cost of extracting a single NFT is set at 0.05 ETH, excluding gas fees. You can now be a SHEboshi collector tribe With a floor price of 0.175 ETH on OpenSea, it boasts a total value of more than 10 million dollars.

This isn't the first time Shiba Inu-related intangible tokens have made headlines. In 2021, the team behind Mame Coin kick off 10,000 digital collections representing “Favorite Creatures” (Shiboshis).

NFTs were minted within minutes, creating a huge wave of demand. The starting price of the digital creature hovers between 0.1 ETH and 0.3 ETH. However, the floor price soon rose above 1 ETH.

In the following months, the buzz around the collection gradually decreased along with the price Jump Over 70% by Q2 2022.

currently, Floor price for Shiboshi NFTs It is around 0.172 ETH (down 85% from all-time highs since November 2021).