The floor price for Shiba Inu’s NFT ($SHIB) has surpassed 1.2 ETH after a combined $20 million traded on the popular NFT market, OpenSea.
According to the platform, 3,300 owners of Shiba Inu NFT, also known as Shiboshis, have traded over 5,000 ETH coins since its launch earlier this month.
The developers behind the Shiba Inu coin announced the sale of NFT in mid-October. It plans to create a total of 10,000 Shiboshi that users can buy with $LEASH before they can buy with either $ETH or $LEASH.
Each wallet can mint 10 NFT coins, each priced between 0.1 and 0.3 ETH, with the collection minted in less than 35 minutes, shortly after the Shiba Inu price. start to skyrocket
The popularity of Shiba Inu NFTs has increased with the price of cryptocurrency based on data from CryptoCompare The price of Shiba Inu tokens has risen more than 600% over the past three months as the rush and excitement of trading has increased due to the massive circulating supply of many of the cryptocurrencies currently burning.
Trading volumes soared to become a rival to Ethereum after backers asked Tesla and SpaceX CEO Elon Musk how much SHIB he holds, and Musk replied shortly: “Didn’t hold it at all” which led to a massive slump in the price (over 10% off).
Musk was then asked about Floki Inu, the same meme-inspired cryptocurrency, to which he replied: “I only buy BTC, ETH and DOGE.”
Shiba Inu’s NFT ($SHIB) Ground Price Hits 1 ETH Target After $20 Million Traded Appears first on Bitcoin Addict.