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HomeCrypto NewsMarketShiba Inu and Bugatti Group Special NFT Mint Collection Sold Out in 110 Seconds

Shiba Inu and Bugatti Group Special NFT Mint Collection Sold Out in 110 Seconds

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Shiba Inu hits a new milestone after its NFT collection sold out in less than two minutes.



Leading doggy-themed cryptocurrency project Shiba Inu recently achieved a new milestone after its special NFT mint collection sold out in less than two minutes. Luxury accessory and luggage brand Bugatti Group took to Twitter yesterday to congratulate Shiba Inu’s community members over the feat, saying: 

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“WOW. Congratulations to the @Shibtoken family for selling out in 110 seconds!” Bugatti Group noted in a tweet. 

Shiba Inu also commented on the latest feat on the popular social media platform Twitter. The team behind the Shiba Inu project noted that the NFT mint collection sold out in the first four minutes.

Nakalites Studio Reacts

The remarkable feat prompted reactions from top blockchain-related stakeholders. Web 3 development studio Nakalikes reacted to the strong demand for the Shiba Inu and Bugatti Group NFT.

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Nakalikes Studio noted that it is blown away by the incredible demand for the Bugatti Group and Shiba Inu NFT drop, which sold out in a record-breaking 110 seconds.

The Web 3-based development studio added that it is excited to be a part of the project.

Shiba Inu and Bugatti Group NFT

As reported last week, Shiba Inu partnered with Bugatti Group to launch a collection of physical items and non-fungible tokens for Shiboshi NFT genesis holders. The NFT mint collection featured 299 limited releases and an exclusive first edition release. The partners sold each unit at a mint price of 0.14 ETH.

The partners will give limited edition cross-body bags to 95% of all mints. The remaining 5%, representing 15 community members, will receive physical custom carry-on luggage where they can place their own Shiboshi NFT designs.

It bears mentioning that the minting event went live during a Twitter Space at midnight UTC on January 15. Following the completion of the “mint party,” holders of the NFTs will be allowed to claim their physical merchandise a week later.

Bugatti Group will also offer a 55% discount on travel accessories to holders of the non-fungible tokens.

Meanwhile, Shiba Inu is trading at $0.00001043, up 5% in the past 24 hours.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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