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Bitpay shiba inu1/1/2023 SHIB's price has mostly moved sideways in the last few days | Source: SHIBUSD on TradingView Featured image from, chart from TradingView. Here is a chart that shows the trend in the price of Shiba Inu over the last five days: Related Reading | Majority Of Shiba Inu (SHIB) Holders Remain In Profit Despite Downtrend The crypto’s market cap now stands at 13th. Over the past month, the memecoin has accumulated 35% in losses.Įarlier, the coin found its way into the the top ten cryptocurrency list, but has recently dropped out of it. Related Reading | Travel Booking Site Travala Now Accepts Shiba Inu PaymentsĪt the time of writing, SHIB’s price floats around $0.00003537, down 18% in the last seven days. A petition regarding the matter has been running for a while now, and has so far obtained the signature of around 546k SHIB supporters. However, the community is yet to convince Robinhood to add Shiba Inu to the service. Popular cryptocurrency exchanges like Gemini and BitStamp also recently started listing the memecoin on their platforms. In recent months, Shiba Inu has started to gain some ground in terms of mainstream adoption as the AMC and Newegg news from above already highlights. Just select as your payment when checking out using a PC. What do you think about Bitpay adding support for shiba inu? Do you think Robinhood will list SHIB soon? Let us know in the comments section below.Following the official announcement by BitPay, Newegg also quickly confirmed on Twitter that users can immediately start paying on the platform using Shiba Inu. In addition, a crypto-friendly travel website Travala began accepting shiba inu for payments this week. Kraken and Gemini added support for SHIB in November. Meanwhile, more major cryptocurrency exchanges are listing shiba inu. “Our strategy is a little bit different than a lot of other players out there who are just racing the list as many assets as possible right now,†she stressed. However, the platform has not made an announcement regarding shiba inu and the company’s chief operating officer said in November that the platform is in no hurry to add another crypto. There are rumors that Robinhood is considering listing SHIB. Petition for Trading Platform Robinhood to List SHIB Now Has Over 545K SupportersĪ petition on to list the shiba inu coin on the popular trading platform Robinhood has garnered 545,661 signatures at the time of writing. Newegg is able to accept shiba inu fast because it already uses Bitpay to process cryptocurrency payments.Īs for AMC Theaters, CEO Adam Aron previously said that his company is expected to accept SHIB in the first quarter of next year. Soon after Bitpay’s SHIB announcement, Newegg tweeted that its platform now accepts SHIB for payments. However, the retail giant Newegg is not waiting. But despite its stance as a meme coin, it has bloomed into one of the most sought-after decentralized projects. It was developed as an altcoin to Dogecoin, with the initial intent of making fun of Dogecoin. €œNewegg and AMC Theaters have announced that they will be accepting shiba inu as a form of payment using Bitpay in the upcoming months,†Bitpay’s Thursday announcement notes. Shiba Inu is a decentralized cryptocurrency named after a Japanese dog breed, Shiba Inu. Two major retailers have been preparing to accept shiba inu through Bitpay: Newegg and AMC Theatres. However, its website details that the cryptos that can be used to pay a Bitpay invoice are “bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), wrapped bitcoin (WBTC), dogecoin (DOGE), litecoin (LTC), shiba inu coin (SHIB), and 5 USD-pegged stablecoins (GUSD, USDC, USDP, DAI, and BUSD).†Bitpay stressed, “We only accept ERC-20 coins on the ETH network.†Newegg Announces SHIB Now Accepted for Payments, AMC Theatres to Follow With the addition of shiba inu, Bitpay now supports 13 cryptocurrencies, including XRP. “Consumers can now pay and merchants can immediately accept shiba inu (SHIB) for payments,†the official Twitter account for Bitpay tweeted. “Now you can buy, store, swap, and spend with this Ethereum ERC-20 token directly in the Bitpay app,†the platform detailed. €œAttention Shibarmy,†the company wrote, confirming that shiba inu coins are now available at Bitpay. Bitpay Now Supports Shiba Inu (SHIB)Ĭrypto payment service provider Bitpay announced Thursday that it now supports the meme cryptocurrency shiba inu (SHIB). Meanwhile, a petition for the popular trading platform Robinhood to list shiba inu crypto has garnered more than 545K signatures. AMC Theatres is also expected to begin accepting SHIB soon. Following Bitpay’s announcement, retail giant Newegg announced that it too has begun accepting SHIB for payments. Crypto payment firm Bitpay has added support for the meme cryptocurrency shiba inu.
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