Shiba Inu NFTs Are Valued 20X
Shiba Inu NFTs are valued 20x. The lowest price of Shiba Inu's NFTs has increased to 1.2 ETH.
The price surge in Shiba Inu (
SHIB) has also benefited the phenomenon token's NFTs. 3600 users with Shiba Inu NFTs in OpenSea performed SHIB NFT transactions worth 7,600 ETH in total.
Developers behind the Shiba Inu (
SHIB) cryptocurrency announced an NFT sale in mid-October and stated that they planned to create 10,000 NFTs called Shiboshis. At first, products could only be purchased with LEASH, but later Ethereum transactions were also opened.
The entire Shiba Inu collection was produced in less than 35 minutes, and the price of the tokens also started to increase significantly after the collection was completed, with each wallet able to create 10 NFTs at prices between 0.1 ETH and 0.3 ETH. The popularity of Shiba Inu NFTs has soared with the price of the cryptocurrency. SHIB, which has increased more than 10 times in the last 3 months, has taken the first step of a big walk with the combination of important token burns with small investor spree.
Last week, a follower asked Tesla and SpaceX CEO Elon Musk if he had any SHIB. Even if the phenomenon showed a 10% drop in the cryptocurrency after Musk's "None" answer, the big bullish movement was followed by the later.
When asked about another phenomenon token, Floki Inu, Musk replied, "I only have Bitcoin, Ethereum and Dogecoin."