Shiba Inu’s Shiboshis Make a Splash in New York City, but Challenges Persist
In an exciting development shared on the X platform, Shiba Inu’s marketing specialist, Lucie, revealed a captivating video showcasing various Shiboshis on a massive billboard in the heart of New York City (NYC). Lucie captioned the footage with a “heart hands” emoji, signifying the community’s affection for these unique digital collectibles. Notably, this exciting news was initially shared by ElSende, a dedicated Shiba Inu community member with a mission to expand Shiboshis’ reach to a broader audience.
— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) November 7, 2023
The update sparked a flurry of reactions among Shiba Inu enthusiasts, with many users expressing their enthusiasm with rocket emojis. This move to display Shiboshis in the heart of NYC is seen as a strategic step to draw more attention to the Shiba Inu NFT project.
🫶🫶🫶🫶🫶🚀🚀🚀💥💥💥
— shiba inu (@MiguelL58325351) November 7, 2023
Despite Shiboshis being a noteworthy part of the Shiba Inu ecosystem, they have garnered less attention compared to other projects like Shibarium and its associated tokens.
Shiboshis made its debut on October 14, 2021, and marked a significant milestone by selling out all 10,000 units of these digital collectibles in a mere 34 minutes. The 10,000 NFTs were offered in three different categories, each with varying price points. The initial batch of 3,000 Shiboshis was sold for 0.1 ETH per unit. The second batch, consisting of 5,000 Shiboshis, was minted at 0.2 ETH each, while the final 2,000 units were minted for 0.3 ETH.
During the minting phase, several users encountered challenges, particularly related to hefty gas fees for their transactions. Some users even reported not receiving Shiboshis despite spending up to $1,500 in gas fees. These issues led to increased demand for a solution, prompting the Shiba Inu team to intensify their efforts toward releasing Shibarium, a Layer-2 scaling solution designed to alleviate these challenges.
— Shytoshi Kusama™ (@ShytoshiKusama) October 15, 2021
As of the time of writing, the floor price for the SHIBOSHI collection stands at 0.23 ETH, which is equivalent to $433.78. Since their launch, Shiboshis have recorded an impressive transaction volume, which currently stands at 15,971 ETH, equivalent to a remarkable $30,121,306 or $30.12 million.
Shiboshis’ recent appearance in the bustling streets of New York City is a testament to the growing interest in these NFTs and the dedication of the Shiba Inu community to expand their reach. However, the challenges faced during their minting process highlight the need for innovative solutions like Shibarium to ensure a smoother experience for users in the future. The Shiboshis project, despite initial hurdles, continues to make waves in the world of Shiba Inu and NFTs.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
