AnalysisCryptocurrency news

Prank Currency Shiba Inu Joins Popular Cryptocurrency App

Samsung-backed cryptocurrency wallet has added support for Shiba Inu.

Prank Currency Shiba Inu Joins Popular Cryptocurrency App

The first Samsung- backed cryptocurrency wallet has announced that it has added support for the popular prank currency, the Shiba Inu , according to an announcement on Nov.

ZenGo Adds Support for Shiba Inu

ZenGo , which is the first crypto-currency wallet application supported by the giant technology company Samsung , made a new announcement the other day. In the announcement made by ZenGo, it was stated that the cryptocurrency wallet has added support for the popular prank currency Shiba Inu ( SHIB ).

Shiba
Shiba

ZenGo wallet users can now buy and sell the popular prank currency Shiba Inu starting today . Ari Gore, head of communications at ZenGo, made a statement on the subject. Ari Gore praised the Shiba Inu’s “vibrant” and “enthusiastic” community, saying;

“ We are excited to be one of the first crypto wallets to support SHIB , especially because of its vibrant, creative and enthusiastic community .”

What is ZenGo?

Dealing with passwords, core words and private keys can be an intimidating situation for novice users. ZenGo wallets are created with the help of face biometrics, which is marketed as the main selling point of the app.

The founders of the company claim that such an approach could solve current problems with crypto storage.

The Israeli startup raised $20 million during its Series A funding round in April 2021. The technology giant’s venture capital fund Samsung Next was among the most important supporters of ZenGo.

Current Situation in Shiba Inu

The popular prank currency Shiba Inu (SHIB) has been hit hard by the recent market drop. So much so that while the popular prank currency was trading at $0.00005592 just before the decline, it regressed to $0.000045 after the fall.

The Shiba Inu has not rebounded after hitting an all-time high last month. The prank currency broke a new record, reaching $0.0000088 on October 28.

As of the time of writing, the popular joke currency Shiba Inu continues to trade at $ 0.000048, down 4.31% in the last 24 hours, according to CoinMarketCap data.

Samuel Hegi

Samuel Hegi , who first became acquainted with blockchain technology in 2014, is highly critical of blockchain technology. Samuel Hegi, a journalism graduate from the University of Brighton Theblockchainnew.com he is the editor-in-chief of the news portal. Blockchain is love.

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