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Shiba Inu Shakes Off Meme Status, Gains Traction as Payment Option

Published 06/21/2024, 11:30 PM
Updated 06/22/2024, 12:15 AM
Shiba Inu Shakes Off Meme Status, Gains Traction as Payment Option
AMC
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SHIB/USD
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  • SHIB gains credibility with mainstream adoption by global brands like AMC and Gucci.

  • Integration into Crypto.com’s Visa boosts SHIB’s utility and market presence.

  • SHIB’s versatility spans retail, entertainment, travel, and charitable sectors, influencing market dynamics.

Shiba Inu (SHIB) is shedding its meme coin image and gaining traction as a legitimate currency, with over 50 businesses worldwide now accepting it for payments.

Major brands like AMC Theatres and Gucci are among those embracing SHIB, signaling a significant shift in the token’s utility and perception in the market.

SHIB’s adoption accelerated with its addition to Crypto.com’s Visa card payment options. This integration is crucial in bringing SHIB into mainstream financial systems, allowing users to easily utilize SHIB for purchases. This change not only streamlines transactions but also strengthens SHIB’s reputation as a viable currency.

The post Shiba Inu Shakes Off Meme Status, Gains Traction as Payment Option appeared first on Coin Edition.

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