Shiboshis Will Lead SHIBA INU To $0.01?
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SHIB recently dropped the first batch of SHIB NFTs dubbed “Shiboshis”. The launch of shiboshis has many wondering if this will have positive impact on SHIBA INU. In today’s video we’ll tell you all you need to know about Shiboshis and how it will impact SHIBA INU. But before we get into the video make sure you subscribe to our channel and press that bell icon to never miss an update!
What Is Shiboshi? Shiboshis are collection consists of 10,000 “lovable creatures,” presumably, in line with other NFT collections, they’ve been algorithmically generated based on a set of variable attributes. But there is no information on what these attributes consist of.
What we do know is that pricing follows a tiered system. The first 3,000 will cost 0.1 ETH ($340), the next 5,000 will cost 0.2 ETH ($680), and the final 2,000 will cost 0.3 ETH ($1,020).
However, the Shiboshis can only be purchased using $LEASH, one of three major tokens in the Shiba Inu ecosystem. The others are $SHIB and $BONE.
While Burry slated $SHIB’s one quadrillion maximum token supply, $LEASH has a circulating supply of just 107,647. But there is no data on its maximum supply.
As an added twist, Kusama said Shiboshis aren’t just NFTs; they’ll also form characters in an up-and-coming game. Different attributes will yield particular functions. Buyers will also be able to rename their newly acquired digital art if they are willing to pay $100 in SHIB. The Shiboshis will come with generic names like 00001.
Once the user renames his NFT and pays the $100 in SHIB, those funds will go into a designated wallet to be burnt. “If everyone names their Shiboshis, that will be a $1 million dollar burn,” reads the statement.
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