NOWpayments Can Now Accept SHIB For Fiat Directly Through This Feature

NOWpayments, the Shiba Inu-friendly crypto payments processor, continues to increase support for the meme cryptocurrency.

This time, in cooperation with Switchere crypto exchange, NOWPayments has created an auto-conversion option that would enable its merchants to convert their SHIB coins for fiat straight without any intermediary transactions.

NOWpayments Can Now Accept SHIB for Fiat Directly Through This Feature

Since May, businesses using NOWPayments can now accept SHIB bundled on the BNB Chain. The noncustodial cryptocurrency payments processor implemented a function earlier in 2022 that allows companies to burn a portion of the money they get in Doge Killer (LEASH) or Shiba Inu (SHIB).

Shiba Inu owners now number over 1.2 million – NOWpayments 

NOWpayments Can Now Accept SHIB for Fiat Directly Through This Feature

The number of Shiba Inu owners has surpassed 1.2 million. There are 1,200,301 Shiba Inu owners, according to WhaleStats. An examination of the top 100 Shiba Inu holders reveals that they control 23.61 percent of the average SHIB balance, an increase in average SHIB value of 15.29 percent, and a rise in netflow of 110 percent.

This occurs as Shiba Inu ranks among the top 10 most popular items purchased as well as the 5,000 largest ETH whales in trading volume over the past 24 hours. Among the top 2,000 ETH whales during the past 24 hours, Shiba Inu was one of the smart contracts that were used the most.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Cosmos Developer Interchain Foundation Sold 3000 ETH Today

Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…

45 minutes ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

1 hour ago

Inflation Warning By Vanguard Amid Tariffs And Labor Issues

Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…

1 hour ago

Clanker Token Trading Volume Hits $59.8 Million High On November 21

Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…

2 hours ago

Bitcoin Spot ETF Inflows Hit $1 Billion Led By BlackRock

Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…

2 hours ago

New York Techie Bagged $72M from $15K Investment in Ethereum — Here’s How BlockDAG Can Offer Similar Jackpot

Discover the success story of a New York tech entrepreneur who made $72M from a…

3 hours ago

This website uses cookies.