Shiba Inu Unveils Zero-Fee SHIB Card with 114.7M Giveaway
Shiba Inu has partnered with Bitget to launch a SHIB-branded payment card. The card offers zero-fee crypto spending up to $400 per month. Users pay no conversion fees, FX fees, or hidden spreads, and signing up is free. To celebrate the launch, the first 100 cardholders will share a pool of 114,678,899 SHIB. Subsequent participants will receive a $5 SHIB bonus. The promotional event runs from November 19 to 26, with rewards distributed on November 28. Users must register, download the Bitget Wallet, and activate the SHIB × Bitget Wallet Card. This initiative expands Shiba Inu’s utility for everyday transactions. The zero-fee payment card lowers barriers to crypto spending and could boost token adoption and trading volumes. Traders should watch for a potential uptick in SHIB demand and short-term price momentum driven by increased real-world use and community incentives.
Bullish
Launching a branded payment card enhances Shiba Inu’s real-world utility and token demand. The zero-fee SHIB card up to $400 per month removes spending friction and encourages wider adoption. Similar initiatives by other exchanges, such as Crypto.com and Binance, previously boosted trading volumes and token prices. The 114.7M SHIB giveaway further drives early engagement and community growth, likely fueling short-term buying pressure. Over the long term, increased real-world use and network effects may strengthen SHIB’s market position and liquidity. Overall, the combined utility and incentives point to a bullish outlook for SHIB.