As a seasoned crypto investor, I’ve seen my fair share of market fluctuations and new developments. The recent listing of Shiba Inu (SHIB) on CoinGate, a popular cryptocurrency payment platform, is an exciting development that has caught my attention.
As a crypto market analyst, I’m excited to share that Shiba Inu (SHIB) has made another significant stride into the e-commerce sector. CoinGate, a renowned cryptocurrency payment platform, has recently added SHIB to its list of supported digital currencies. In the first person, this means that I, as an analyst, am thrilled to announce that SHIB’s reach has expanded beyond just the crypto world and now includes traditional e-commerce transactions. CoinGate users can now purchase a wide range of products, such as sports gear and gift cards, using Shiba Inu coins.
Shiba Inu New Listing
Recently, CoinGate, the well-known blockchain payment processor (previously known as Twitter), made an announcement in a post. They revealed that they have officially added Shiba Inu to their supported cryptocurrencies for transactions. Additionally, they expanded their offerings by including Polygon (MATIC) and Binance Chain (BNB).
As a payment gateway analyst, I can tell you that CoinGate is an excellent option for making crypto payments online. This platform supports multiple cryptocurrencies, such as USDT, Bitcoin, Dogecoin, Ethereum, Litecoin, XRP, Tron, and Shiba Inu. By using these digital currencies on CoinGate, you can purchase a wide range of gift cards, including those for Amazon, Xbox, and eBay.
As a cryptocurrency analyst, I can tell you that CoinGate functions as a bridge connecting the digital currency market and conventional finance. It facilitates the exchange of goods and services for cryptocurrencies in today’s dynamic economy.
In its recent announcement, the blockchain payment processor disclosed that Shiba Inu token holders can now conduct various transactions using these digital tokens. For instance, users can reserve Airbnb accommodations, procure the newest games from gaming platforms such as Steam and PS5, and buy clothing items from well-known brands like Nike and Zalando.
As a crypto investor, I’m excited to witness the increasing buzz around Shiba Inu in the current market. The latest listing of this meme coin is yet another testament to its growing popularity within the crypto and financial spheres. Various payment platforms and exchanges have embraced Shiba Inu this year, making it readily available for investors. For instance, its recent addition to Binance’s Japan listing has opened up new opportunities in the Japanese markets.
SHIB To See Major Adoption?
CoinGate, a European company headquartered in Lithuania, broadens the horizons for Shiba Inu by providing access to a vast European customer base numbering in the millions.
The addition of Shiba Inu to online shopping platforms represents an important achievement for the cryptocurrency, making it more accessible and increasing its potential for broad usage. This development also strengthens Shiba Inu’s reputation as a practical option for handling cross-border transactions.
This action significantly broadens the versatility of the token and makes it more alluring to a worldwide fan base. With a market capitalization of over $14 billion, Shiba Inu ranks second among meme coins. It has managed to secure more than 50 listings with prominent cryptocurrency payment platforms.
The value of the cryptocurrency has risen since the recent announcement of its listing, with SHIB currently being traded at $0.000023 – a 6.35% price hike in the last 24 hours.
Yesterday, I noticed that the price of Shiba Inu, the meme coin with a doggy theme, was around $0.000022. But today, something shifted. Investor and trader interest piqued, leading to an astounding 313.5% increase in daily trading volume. This surge reached impressive heights of over $979 million.
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2024-05-14 23:12