In the past several years, numerous cryptocurrencies have been introduced. The decentralized cryptocurrency Shiba Inu Coin came into being in 2020. This blog focuses on the most recent developments around Shiba Inu Coin. Where did Shiba Inu Coin originate, what is it, where can you purchase it, and further information is provided. Let’s start, shall we?
What exactly is a Shiba Inu Coin?
Shiba Inu Coin is a cryptocurrency that is sometimes referred to as SHIB. The cryptocurrency meme coin is based on the Shiba Inu Dog meme, often known as the Doge meme. The Shiba Inu currency is called the Dogecoin Killer. It was initially recognized as a distinct alternative to Dogecoin Cryptocurrency.
Shiba Inu is a coin based on the Ethereum blockchain, whereas Dogecoin is based on the Bitcoin blockchain. Shiba Inu is compatible with decentralized apps, but Dogecoin is incompatible with decentralized applications, restricting its capabilities.
Shiba Inu ecosystem also supports initiatives such as an NFT art incubator and a decentralized exchange known as Shibaswap. With an initial circulating circulation of 1 quadrillion SHIB coins, SHIB is deliberately available in large quantities.
Where and how can I purchase a Shiba Inu?
There are now several places where it’s simple to purchase Shiba Inu coins. The availability of crypto investments on various platforms facilitated crypto and stock investments. When Bitcoin’s price reached $65,000 in November 2021, the market’s fascination with cryptocurrencies intensified substantially. The price increase of Bitcoin encouraged many to invest in cryptocurrencies. Therefore, several websites are emerging to provide customers with an investing platform. Nonetheless, several sites already offering stock investments have now begun offering a platform where customers can purchase cryptocurrency. However, there are few dependable platforms.
Crypto.com, Binance, KuCoin, WazirX, and Atomic Wallet are widespread platforms where you’re able to purchase Shiba Inu coins.Uniswap is another dependable site where you’re able to quickly trade Ethereum for Shiba currencies. You can now buy a Shiba Inu coin with credit card
Where to spend SHIB: 11 places where they accept Shiba Inu Coin as payment
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Fun meme coins as a kind of currency? Who’d have guessed? This is currently the case with Shiba Inu, an Ethereum blockchain-based coin. You can now make payments using Shiba Inu coin.
You’re now able to use Shiba Inu coins at various establishments in the United States, including those selling games, apparel, food, and even home furnishings.
Late in 2021, BitPay began officially supporting the Shiba Inu Coin. Since then, the SHIBArmy has been able to spend SHIB at thousands of BitPay retailers who accept Shiba Inu. So, where precisely Shiba Inu be used as currency? Find out further below.
Newegg
Newegg stated that it now accepts SHIB. The one-stop store for computers and gadgets said it would begin taking Shiba Inu Coin as payment on a 40,000 sq ft billboard in downtown Los Angeles.
David SWSHIB offers affordable, high-quality timepieces for purchase online. Learn about purchasing watches using cryptocurrency.
Twitch
SHIB allows you to support your favourite streams.
APMEX
Shiba Inu coins are useful for buying gold, silver, and other precious metals or coins. Purchasing gold with bitcoin has become a common strategy to diversify assets and spend cryptocurrency earnings.
HOSTKEY
Require a server solution? HOSTKEY accepts Shiba Inu Coin for its great dedicated server and private web hosting services.
Carolina Hurricanes
The Carolina Hurricanes are one of the most recent professional sports organizations to use cryptocurrency. Store in their pro shop and use SHIB to get Cane’s merchandise. The Sacramento Kings (NBA) and Dallas Mavericks are more professional clubs who take SHIB (NBA).
Jomashop
Purchase premium watches, high fashion accessories, and the newest fashion trends. Use SHIB at checkout.
Menufy
Order from your favourite neighbourhood and chain eateries. Obtain delivery using Shiba Inu Coin.
AMC Cinemas
You can now use Shiba Inu Coin to purchase movie tickets, concessions, and merchandise.
Sling
TVSign up for SlingTV to watch your favourite television programs, movies, and live sporting events. Pay your TV bills using Shiba Inu Coin!
American Cancer Society
Combat cancer while paying with SHIB. The American Cancer Society allows donations in Shiba Inu Coin and other popular cryptocurrencies.
SHIBArmy has ensured the realization of Ryoshi’s goal for the Shiba Inu Coin. Since its humble beginnings, the meme coin has garnered such popularity that hundreds of well-known businesses now accept it as payment.
About Author- Fatema Aliasgar is an experienced B2B and SaaS content writer based in Mumbai, India. She has done her Master’s in Business Management and has written B2B content for seven years. She likes to read non-fiction and play board games with her kids during her free time.
