The Shiba Inu Is Listed in a Samsung-Backed Crypto Wallet (SHIB)
The Shiba Inu Is Listed in a Samsung-Backed Crypto Wallet (SHIB)

The Shiba Inu Is Listed in a Samsung-Backed Crypto Wallet (SHIB)

Zara

3 min
Business & Finance
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<p>Additionally, as SHIB achieves widespread usage, more whales continue to move billions of tokens.</p> <p>Shiba Inu (SHIB), dubbed the "Dogecoin killer," is gaining traction across cryptocurrency platforms, with one wallet including it in its portfolio of offerings.</p> <p>ZenGo, a cryptocurrency wallet powered by Samsung, just revealed that the meme coin is now available on its platform, allowing users to immediately purchase, transfer, receive, and exchange SHIBs. The announcement is another significant milestone for the coin, as ZenGo is one of the first wallets to make such a move.</p> <p>The company's stated goals are fairly specific, praising the Shiba Inu community, sometimes referred to as the SHIB Army in the cryptosphere. "We're thrilled to be one of the first cryptocurrency wallets to offer SHIB, particularly due to its dynamic, creative, and energetic community," ZenGo stated.</p> <p>Once Again, Whales Attack</p> <p>The portal also highlighted Shiba Inu's popularity on social media, surpassing Solana and Cardano's Twitter followers, as well as AMC Theaters' recent declaration that the meme coin, along with a broad variety of other prominent cryptocurrencies, will be accepted as payment for its services.</p> <p>The statement comes amid claims that a large SHIB whale just purchased over 171 billion tokens worth $6 million. According to WhaleStats, the transaction was divided in half.</p> <p>Technical Outlook For SHIB/USD: A Demand Zone Is Approaching</p> <p>Nonetheless, the Dogecoin clone continues to gain pace in terms of adoption among crypto whales, as evidenced by many recent transactions.</p> <p>As of press time, SHIB is trading in the area of $0.000048, slightly lower on the day after falling below the 200-period simple moving average.</p> <p>At the moment, the price is testing a big demand zone, which might operate as a critical level for purchasers.</p> <p>If bulls gain momentum, the $0.000060 mark will be the first difficult nut to crack on the upside. On the other hand, if the $0.

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