3 Hot Developments For Shiba Inu: Announced By Binance!

With a new integration, it is now possible for more than 6 million users to purchase Shiba Inu (SHIB) with their debit cards. Meanwhile, the Shiba Inu burned 3.6 billion SHIB in August, with only 59% of the initial supply remaining. SHIB will be featured at Milan Fashion Week in collaboration with John Richmond. Here are the details…

Binance Connect and SafePal collaborate

Shiba Inu (SHIB) and other cryptocurrencies powered by Binance Connect will now be accessible to more than six million users through a new partnership. Binance Connect is a global payment infrastructure provider powered by Binance, formerly known as Bfinity. Binance Connect has announced a new partnership with cryptocurrency wallet provider SafePal.

SafePal is Binance’s first hardware wallet portfolio. It currently serves more than six million users worldwide. SafePal users can directly purchase more than 200 cryptocurrencies with Binance Connect using their credit or debit cards. Binance Connect connects traditional finance to Blockchains. Thus, it is transforming the way businesses and people send and receive money worldwide.

Shiba Inu burned 3.6 billion SHIB in August

Crypto Eye is a portal that compiles detailed statistics on the Shiba Inu. According to Crypto Eye, the number of SHIBs burned in August was 3.6 billion tokens. This stat brings the number of SHIB burned over the summer to 12.67 billion tokens, or the equivalent of $154,507. Only 589.62 trillion, or 59% of SHIB, remain from Shiba Inu’s initial bid of 1 quadrillion total.

By the way, as you follow on Kriptokoin.com, the number of SHIB holders has exceeded two million addresses. At the same time, if we compare this data with data from May before the crypto market’s strongest decline, we conclude that the number of holders has doubled. According to the portal, in the last month of summer, the number of soldiers in the SHIB Army ranks increased by 27,420.

The fashion world loves the Shiba Inu (SHIB)

Well-known designer John Richmond presented an example of his collaboration with the Shiba Inu on the eve of Milan Fashion Week, the planet’s main fashion event.

The full presentation of the 62-year-old modeler’s cryptocurrency-inspired collection will take place on September 20. A total of 10,000 NFT pieces created by Richmond, some of which have been shown before, will be on display. The name of the collection is Legends Live Forever.

The Shiba Inu team announced a partnership with John Richmond in February of this year. This partnership included an NFT collaboration, whose physical versions will be presented at the fashion show. In addition, prior to the creation of the exhibition and collection, a promotional campaign was held showing murals dedicated to the Shiba Inu on the streets of Milan.

The collaboration between the fashion brand and the Shiba Inu was the first of its kind. It also made a positive impact on both projects. Thus, John Richmond has managed to integrate into the crypto world and gain credibility from one of its loudest communities. On the other hand, SHIB caught the attention of an audience that would probably never have been interested in it.