- Tangem Wallet, a major Ripple Labs ally is helping to boost the Shiba Inu ecosystem.
- It is hoping to achieve this through batched of hardware wallets designed for the memecoin.
Tangem Wallet, one of Ripple Labs Inc’s notable partners has announced a game-changing update set to launch in October, with the potential to greatly increase the utility of Shiba Inu (SHIB), a memecoin that has garnered significant attention in the market.
One of the enduring challenges for crypto users has been the management of multiple digital assets across various wallets. The digital landscape is flooded with an array of cryptocurrencies, each with its unique value and utility. This diversity has given rise to the issue of “a messy crypto portfolio,” a problem that Tangem has taken into its hands to solve.
Tangem’s upcoming update, as described in its recent announcement, is designed to provide users with a tool to declutter and organize their crypto holdings. By introducing this function, Tangem aims to empower wallet owners to sort their cryptocurrencies in a manner that aligns with their individual preferences and strategies.
Tired of a messy crypto portfolio? We've got you covered. In October, you will be able to sort your tokens in any order that suits you best.
Sort by balance or manually, and also group by network.
Tailor your portfolio to your unique style. Your crypto, Your way! pic.twitter.com/LYbbLoDX1W
— Tangem (@Tangem) September 15, 2023
This enhancement may seem modest in scope, but it can significantly enhance the user experience, particularly for those actively managing diverse crypto portfolios.
The forthcoming October update from Tangem Wallet is a testament to its commitment to offering users a user-friendly and highly customizable experience in the crypto space. Not only does it simplify portfolio management, but it also enhances the user’s ability to make informed investment choices.
Tangem Wallet Success and SHIB Partnership
It is worth noting that earlier this year, Tangem established a strategic partnership with Shiba Inu.
As part of this collaboration, Tangem released a limited batch of SHIB-branded crypto wallets, numbering 5,000 in total. These crypto wallets are designed in the size of standard bank cards and offer the capability to store over 6,000 cryptocurrencies, including SHIB.
In August, Tangem Wallet made waves in the crypto community by announcing the availability of another 5,000 wallet batches for sale. This announcement came on the heels of a remarkable feat where the firm’s initial wallet shipment had been quickly snatched up by eager users.
This not only highlighted the growing demand for secure and user-friendly crypto wallets but also showcased Tangem’s ability to meet this demand effectively. The partnership between Tangem Wallet and Shiba Inu was a strategic move that brought mutual benefits.
It allowed SHIB holders to securely store their tokens while leveraging Tangem’s user-friendly interface. Tangem Wallet, in return, tapped into the surging popularity of SHIB, attracting a broader user base. This partnership had a significant impact, propelling SHIB to new heights.
One of the standout moments in SHIB’s journey was its sponsorship of the Blockchain Futurist Conference, held on August 15-16. During the conference, the SHIB team seized the opportunity to unveil their long-awaited Layer-2 blockchain, Shibarium.
This development was met with enthusiasm and garnered significant attention. Shibarium’s introduction was a strategic move aimed at addressing scalability issues while opening the door to countless projects looking to build on the SHIB ecosystem, all of whom might find swift integration with the Tangem wallets.
