The Mantra Protocol says an exclusive item from the second edition of “The Shib Magazine” has sold for 1000 BONE. In dollar valuation, this comes in at $568. Bone ShibaSwap is one of the primary tokens in the Shiba Inu ecosystem. The announcement of the NFT sale is thrilling the Shiba Inu community and NFT enthusiasts.
Manny Pacquiao x Shiba Inu Partnership
The sold NFT showcases the partnership between legendary boxer Manny Pacquiao and the Shiba Inu project. It is a rare feature of the unique intersection between the worlds of sports and cryptocurrencies. The collaboration between Manny Pacquiao and Shiba Inu elicited significant interest. A key factor is the novelty and star power of the former world boxing champion.
🚨 #Shibarium Big #NFT Sale Alert 🚨
The item #1 of the Second Edition of @TheShibmagazine, showcasing the @MannyPacquiao x $SHIB partnership, has just been acquired for 1000 $BONE in Mantra 🔥
This item certainly has some particular importance for someone 👀
Woof! 🥂🐳 pic.twitter.com/WzhPpVfnyW
— Mantra Protocol | Minting *Teh Toros* in Shibarium (@MantraProtocol) May 9, 2024
As per the announcement, the sale was completed on the Mantra Protocol, a decentralized platform known for its robust NFT offerings. The NFT sale, while highlighting the partnership also lends credence to the growing appeal of Shiba Inu as a broader cultural phenomenon.
The exclusive item from “The Shib Magazine” second edition is believed to carry special significance to the individual who made the purchase. Community members speculate it is someone with a liking for sports and crypto.
The sold NFT represents a unique collectible that ties together the world of sports with the ever-evolving crypto space.
Impact on Shiba Inu and Mantra Protocol
The NFT sale shows the growing utility and adoption of Shibarium, Shiba Inu’s layer-2 scaling solution. With notable partnerships and collaborations, Shibarium is cementing its position as a platform for innovation within the Shiba Inu ecosystem.
BGEcrypto reported earlier that Shibarium recorded a 1,733% spike in new addresses generated within 24 hours. The speculation is that the uptick will eventually lead to a resurgence in transactional activity.
Whilst the rare Shibarium NFT was auctioned off, three NFTs, worth 54.8505 ETH ($164,400) are reportedly missing. The valuable NFTs belonging to a Bored Ape Yacht Club (BAYC) holder were lost to phishing attacks.
