Tangem Wallet, a Ripple Labs Inc. partner, has announced an update set to launch in October that could significantly increase the utility of Shiba Inu (SHIB), a memecoin that has gained considerable attention in the market. The update is designed to provide users with a tool to organize their crypto holdings, allowing them to sort their cryptocurrencies according to their individual preferences and strategies. Earlier this year, Tangem and Shiba Inu established a strategic partnership, with Tangem releasing a limited batch of 5,000 SHIB-branded crypto wallets. These 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 announced the availability of another 5,000 wallet batches for sale, which highlighted the growing demand for secure and user-friendly crypto wallets. This partnership has had a significant impact, propelling SHIB to new heights. The SHIB team also unveiled their long-awaited Layer-2 blockchain, Shibarium, during the Blockchain Futurist Conference in August. This development was met with enthusiasm and opened the door to countless projects looking to build on the SHIB ecosystem, all of whom might find swift integration with the Tangem wallets.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	9
People	None
Companies	Shibarium, Shiba Inu, Tangem Wallet, Blockchain Futurist Conference, Ripple Labs Inc.
Currencies	Ethereum, Shiba Inu, Bitcoin, Tangent
Securities	None