The official of the Shiba ecosystem and content marketing expert @LucieSHIB took to Twitter to express her perspective on the latest news on the “innovation” of the Ledger wallet and to add that the SHIB team had made the right choice to forgo working with this business to develop their SHIB cold wallet.
The Shiba Inu development team used Tangem wallet manufacturer as the foundation for their customised cold wallet, under the moniker Shytoshi Kusama.
The Ledger team has revealed their plans to deploy a new security feature that would make sure that users’ seed phrases are broken up, encrypted, and distributed to three different devices. The firm has seen a significant loss of clients, and the cryptocurrency community is worried that hackers may now exploit this.
SHIB cold wallet to hold 6,000 cryptocurrencies
Lucie revealed specifics on the characteristics that this wallet will have over the weekend. More than 6,000 coins will be supported, and users will have access to NFTs, dexes, and DeFi. The wallet won’t collect transaction fees and won’t ask users to submit any personal information.
It will operate using a cell phone and won’t need batteries or connections.
This wallet becomes 5th biggest SHIB holder
according to U.An unidentified whale received four consecutive crypto transactions earlier today, each with 5 trillion Shiba Inus. This wallet has grown to be the fifth-largest holder of this well-known meme coin and now has a staggering 20 trillion SHIB.
A number of Dogecoin transfers totaling an incredible 3.4 billion valued $248 million came before these transfers. The fifth greatest holder of both SHIB and DOGE is now the same entity because these chunks of meme coins moved to the same wallet as above.
