Shiba Inu Scores Another Major Listing That Could Send Price Flying

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As a seasoned crypto investor with a keen interest in up-and-coming projects, I’m thrilled to see Shiba Inu’s latest listing on PayPal via MoonPay. This strategic partnership represents a significant leap forward for the cryptocurrency community in the US and could potentially pave the way for wider adoption of Shiba Inu and other digital assets.

Shiba Inu has secured another significant milestone with the announcement that PayPal users in the US are now able to purchase this cryptocurrency themed after the breed using MoonPay. This development could broaden the coin’s user base and potentially trigger a surge in demand and value.

PayPal Teams Up With MoonPay For Shiba Inu Access

As a financial technology analyst, I’m excited to share that PayPal, a leading American multinational financial tech company, has formed a strategic partnership with MoonPay, a renowned crypto payment platform. This collaboration enables US users to easily access and trade cryptocurrency assets, such as Shiba Inu, through PayPal. MoonPay made this announcement on X (formerly Twitter), revealing that PayPal now provides smooth fiat-to-crypto transactions within the US market.

MoonPay’s integration into PayPal represents a major step forward in making cryptocurrencies more accessible to Americans. With this partnership, PayPal customers will be able to buy over 110 different cryptocurrencies, including Shiba Inu, the popular dog-themed currency.

As a researcher studying the cryptocurrency market, I can share that through this collaboration, Shiba Inu tokens will reach millions of users across all 50 states in the US. This is an important stride towards realizing the coin’s goal of achieving mainstream adoption. The exposure to new potential investors in various regions could potentially fuel demand for Shiba Inu and subsequently raise its price.

Following the news of the new partnership, the value of Shiba Inu experienced significant growth. The cryptocurrency price rose from $0.000022 to $0.000024 within a day, representing an increment of 7.72% based on CoinMarketCap’s latest data.

MoonPay has revealed the straightforward method for PayPal account holders to access their extensive range of cryptocurrencies through MoonPay. New users can easily execute online crypto transactions without any hassle.

Shiba Inu Scores Another Major Listing That Could Send Price Flying

PayPal users now have multiple options to add funds to their crypto accounts on the payment platform. These include making a direct bank withdrawal, using their PayPal balance, or making a transaction with a linked debit card.

Ivy Soto-Wright, the co-founder and CEO of MoonPay, enthusiastically highlighted the significance of their new collaboration. This partnership, he stressed, is essential for making cryptocurrencies more accessible within established systems.

As a crypto investor, I’m excited to share that MoonPay’s new integration with PayPal is a testament to their dedication towards broadening the reach of cryptocurrencies through reliable partnerships.

MoonPay Set To Transform PayPal Crypto Access

Shiba Inu, among other top cryptocurrencies including Solana (SOL), Ethereum (ETH), Dogecoin (DOGE), Bitcoin (BTC), and more, are now available for PayPal users in the US through MoonPay. However, some crypto assets like Pepe (PEPE), Cosmos (ATOM), Toncoin (TON), Binance Coin (BNB), and a few others initially offered by MoonPay, will not be accessible to US users at present.

MoonPay shares the advantages it brings to PayPal through its crypto offerings, which encompasses flexible payment options, a wide range of cryptocurrencies, effortless sign-up process, swift transactions, and additional convenient features for users.

The crypto platform has indicated that in Q3 2024, it intends to onboard PayPal into its partnership program. This move could increase the chances of cryptocurrencies such as Shiba Inu being adopted more widely, potentially leading to an increase in the token’s worth.

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2024-05-05 00:41