SHIB Can Now Be Accepted by Merchants

Shiba Inu delights its admirers by announcing new collaborations and expanding the amount of ways to use the popular memecoin on a daily basis.

It was recently announced that NOWPayments, a prominent payment platform for retailers, will allow its users to handle SHIB payments in partnership with Switchere, a crypto accepting and withdrawing service.. As a result, SHIB fans and holders will be able to pay in stores that accept NOWPayments and buy more things without having to convert their coins to fiat.

A fresh partnership adds great utility to the popular memecoin. Thanks to NOWPayments, the arsenal of SHIB usage is expanding in areas such as e-commerce, casinos and gambling and regular mass retail shopping, and even donations .

SHIBA : To the masses

Increasing utility, particularly through partnerships with prominent services, is a huge step forward for a SHIB coin that was founded as a witty counter-part to another popular memecoin, DOGE. The coin’s acceptance as a form of payment by significant corporations has prompted crypto aficionados to take the initiative more seriously.

On the one hand, some observers believe the quantity of coins in circulation is still excessive, and this, combined with the unfavorable conjuncture produced in the crypto market in May, prevents from stopping its price decline and pushing back from the bottom. On the other side, as we can see every day, the Shiba Inu team is becoming increasingly active in publicizing the project and, in the real meaning of the word, developing the dip.

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.

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