cryptocoin.com As you can follow from the news, the non-Fungible Token (NFT) of the meme-coin Shiba Inu (SHIB), which has been taking a storm lately in the crypto market, also attracts a lot of attention. The lowest price of the NFTs of Shiba Inu, which we know as the “Dogecoin Killer”, which has become a phenomenon and has an important role in the formation of the meme-coin craze, has increased to 1.2 ETH. As the number of transactions on these NFTs reached 20 million in the famous DeFi market OpenSea, prices started to rise.
Shiba Inu NFT prices follow SHIB rally
The Shiba Inu (SHIB) recent rally phenomenon has also been reflected in crypto’s NFTs. According to OpenSea data, 3600 Shiba Inu NFT holders have made SHIB NFT transactions totaling 7,600 ETH. cryptocoin.com As you can remember from their news, the developers of SHIB announced the sale of NFTs in mid-October and stated that they were planning to create 10 thousand NFTs, which they called Shiboshis. The products, which were initially only available as LEASH, were later opened to Ethereum transactions.
The entire SHIB NFT collection was produced in less than 35 minutes, and the price of NFTs began to rise significantly after the collection was completed, where each wallet was able to create 10 NFTs with prices between 0.1 ETH and 0.3 ETH. The popularity of Shiba Inu NFTs started to increase with the price of the meme-coin.
In the past weeks, a Dogecoin fan, a follower of Tesla and SpaceX CEO Elon Musk, asked if he had any SHIB, and Elon Musk said “No”. After this reply from the famous billionaire, the phenomenon continued its massive upward movement afterward, even though the crypto experienced a 10% drop.
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