As a MEME token, the Shiba Inu coin was not well received when it was first released and was even ridiculed as a cottage coin by some investors. But it is such a cottage coin that has now grown to the fifteenth place in cryptocurrency. Also, more and more people started to invest and look at this cryptocurrency.
However, in addition to the income generated by the Shiba Inu coin as a cryptocurrency investment, its tokens are becoming more and more useful in life. Some countries or stores use it as a payment currency. Recently, there are many more regions accepting Shiba Inu coins. Check it out.
AMC Theaters Accept SHIB Payments
AMC Theaters accepted cryptocurrency as a payment method back in November 2021. Recently, however, the world’s largest theater chain updated its mobile app to accept other cryptocurrencies such as Shiba Inu Coin as a payment method. Shiba Inu Coin is available on the payment page for tickets, concession cards, and gift cards.
The acceptance of Shiba Inu Coins by international cinema chains also means that the liquidity and acceptability of Shiba Inu Coins are expanding and increasing, which attracts more people to buy Shiba Inu Coin as an investment or a way of life transaction.
Dutch VIP Travel Agency Accepts Crypto Payments
BitPay announced on Twitter on April 15 that it is working with Taylor Travel Management Group, which is based in the Netherlands. This also means that VIP Travel Netherlands now accepts payments in various cryptocurrencies such as Shiba Inu coins.
This VIP travel agency sells to business travelers, celebrities, family offices, and government agencies and provides VIP transportation (including private jets, limousines, and helicopters), security, etc.. It is already operating in 100+ cities. The acceptance of payment methods such as Shiba Inu Coin also means that it will be known and used by various celebrities, enhancing the usefulness of the Shiba Inu Coin while also increasing publicity and exposure.
Dubai Cafe Accepts Cryptocurrency Payments
Bake N More, a cafe located in Dubai, Middle East, announced on Twitter on April 7 that it has partnered with Mixin Network to accept cryptocurrencies such as Shiba Inu Coin as a payment currency. The cafe is popular in Dubai, and the decision will attract more potential investors to the Shiba Inu coin.
Burger chain Welly customizes themed Restaurants
Welly, a burger chain located in Naples, Italy, underwent a rebranding in February, with the upgraded brand adding the ability to pay with cryptocurrencies such as Shiba Inu Coin and using Shiba Inu Coin as the store’s mascot. Welly also partnered with the Shiba Inu Coin team to order a gift card model where a portion of the Shiba Inu Coin profits received will be used for burning.
Burger chain Welly also claims to be undergoing a global expansion. Its support for payments in cryptocurrencies such as Shiba Inu coins will also be important in attracting a segment of consumers.
Not only the above, but the number of companies accepting Shiba Inu Coin payments is currently increasing and the price of the Shiba Inu Coin will be affected by it. At the time of writing, we can see from the international Gate.io cryptocurrency exchange that the current price of the Shiba Inu coin is $0.00001105, up 10% in 7 days, but down 4.9% in the last 24 hours. The trading volume in 24 hours was $359 million.
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.
