Shiba Inu is called the DogeCoin killer because of its popularity and it is one of the dog-themed meme coins. It is currently ranked #15 on the CoinMarketCap. The live Shiba Inu price today is
$0.00001006 with a 24-hour trading volume of above $500 million and it is down by 4.0% in the last 24 hours on the trading chart of Gate.io crypto exchange, a top 10 global cryptocurrency trading platform as of the time of writing. It has a circulating supply of above 500 trillion Shiba Inu coins.
With the recent news about the Shiba Inu coin, some investors are still considering whether they should put some of the meme coins into their bags or not, with the hope that it will hit a new all-time high of $0.0001. “Will Shiba Inu ever become the people’s crypto? Will the Shiba Uni price ever rise even with the recent addition of utility with the meme coin?”
As Shiba Inu Gains More Acceptance, Will This Affect Its Price?
A Top Consultancy Firm Now Accepts Shiba Inu as a Means of Payment
Last week, the American financial service company, Robinhood, listed Shiba Inu on its platform and the meme coin rose by 35%. The meme coin keeps gaining lots of acceptance with news of its acceptance early this week by the American Movie Theater Company (AMC) Theaters as one of the payment options in the company’s mobile app. The same week, a Swiss consulting firm started accepting Shiba Inu as a means of payment. This was disclosed by the admin of the Shiba Inu Venezuela community on his official Twitter handle and he tweeted this: “Shiba Inu EXPANSION is imminent. I present to them, the first multinational located in Switzerland, to accept Shiba Inu as a payment method. Let’s welcome “FIDINAM.”. It has a presence in Germany, Austria, Belgium, the United Kingdom, the USA, and soon in Spain. WOOF!”
Fidinam is a Switzerland-based multinational private consultancy company founded in Lugano (Switzerland) in 1960 and offers tax, business, real estate, and digital consulting to companies, entrepreneurs, and individuals. Fidinam is among the top consultancy companies in the world. The company has offices in Africa, Europe, Asia, and Australia with a team of 250 professionals. The Swiss consultancy firm now allows settlement in Shiba Inu. Are we expecting an increase in the Shiba Inu price just the same way it increased after being listed on an exchange last week?
Shiba Inu Is Now Available on Parex Exchange
Parex exchange has joined forces with Shiba Inu by listing the meme coin on its exchange. Unlike other centralized exchanges that have listed Shiba Inu, decentralized exchanges allow transactions to occur using the peer-to-peer (P2P) technology securely without a third party acting as an intermediary. So one can buy Shiba Inu coin on their platform.
The decentralized exchange platform, Parex Exchange, took to its official Twitter handle that it will begin trading Shiba Inu starting on 20 April 2022 and that USDT will be paired with the meme token. Will this exchange be one of the platforms that will fulfill the dream of the Shiba Inu community members for the meme coin to get to $0.001?
