Shiba Inu Announces Shib Name Service (SNS) and Airdrop for SHIB Users

Bittime - Shiba Inu, one of the popular meme crypto assets, recently announced the big debut of Shib Name Service (SNS) and airdrop for SHIB users.

This initiative marks an important step in the Shiba Inu ecosystem and is expected to increase the adoption and use of SHIB in Web3 transactions.

Shib Name Service (SNS) and Airdrop

Shib Name Service (SNS) is a service that allows users to have a unique and easy to remember Web3 address, represented by a Shib name token.

With this service, users can replace complicated crypto wallet addresses with simpler and more personalized names. 

Additionally, Shiba Inu has collaborated with D3 Inc to ensure that the Shib name token becomes an interoperable and future-ready digital identity.

Check Today's Crypto Market:

SHIB Price Increase and Market Position

In recent trading, SHIB hit a 27-month high of $0.0000456, making it the 10th largest crypto asset on the market.

SHIB saw a rise of 53.47% in the last 24 hours and was trading at $0.000040 at the time of writing. 

Shiba Inu's market capitalization has surpassed $23 billion, closing in on Dogecoin, the largest dog-themed crypto asset currently ranked ninth.

Also Read How to Buy Crypto:

Shiba Inu Momentum in Crypto Markets

Shiba Inu (SHIB) has become one of the most successful meme cryptos based on its price increase. With support from crypto payment processors such as BitPay, adoption of SHIB for payments has grown significantly.

Hundreds of companies now accept SHIB as direct payments, including major brands like SlingTV, Newegg, and AMC Theatres.

Check Crypto Prices Today:

Conclusion

The latest initiative from Shiba Inu shows their commitment to expanding the use and adoption of SHIB beyond just a speculative asset.

With the Shib name service and airdrop announced, as well as significant price increases, Shiba Inu continues to show its potential as a crypto asset worth watching in the future.

For further information regarding the latest developments in Shiba Inu (SHIB), you can visit the various news sources I have referred to.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also read:

What is Shiba Inu Token (SHIB)? Concept and Function

Dogecoin Vs Shiba Inu: Catching Each Other's Eyes

Shiba Inu (SHIB): What is it, How Does It Work, and Why is it Popular?

Shiba Inu (SHIB): Getting to Know Competitor Memecoin Dogecoin

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.