Shiba Inu Holders Can Now Pay Delivery Fee With SHIB

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As a researcher with a background in cryptocurrencies and blockchain technology, I find this development between Shiba Inu (SHIB) and DevourGO’s food delivery service truly intriguing. Based on my analysis of the situation, I believe we are witnessing a historic transaction – the first food delivery order paid for using Shiba Inu.

Shiba Inu (SHIB), the crypto world’s second most popular meme coin, has been adopted as a payment method for a Web3 food delivery service called DevourGO. The service confirmed the completion of the first SHIB-powered transaction through their official X handle.

Is food delivery payment historic transaction?

According to DevourGO’s announcement, this transaction could mark a historical moment as it might be the inaugural instance of a food delivery order being settled using Shiba Inu. The post states, “Could this be the first purchase using $SHIB for a food delivery? DevourGO now supports $SHIB payments through our Coinbase Commerce integration. We made the initial transaction, who will follow suit?”

As a researcher studying the adoption and utilization of cryptocurrencies in various industries, I have come across an intriguing development: Although I cannot definitively confirm that the recent transaction represents the first instance of SHIB being used to pay for food deliveries, this occurrence undeniably signifies the expanding acceptance of the dog-themed token within the community. Moreover, a noteworthy advantage for Shiba Inu token holders is their ability to effortlessly settle food bills using their digital currency.

Collaborating with Coinbase Commerce, Devour now offers an effortless crypto payment solution for over millions of users on the DevourGO app. Through this alliance, holders of digital wallets can conveniently pay for their meals using the Coinbase platform.

Shelly Rupel, the CEO of Devour, viewed the collaboration with Coinbase as mutually beneficial. Now, crypto users can enjoy the convenience they desire, while restaurants gain access to an expanding and technologically inclined clientele.

Shiba Inu’s growing utility

Significantly, Shibu Inu (SHIB) has secured another triumph in the altcoin realm with the expanding adoption of its functionality in everyday business transactions.

The value of SHIB is expected to rise significantly as a result of heightened demand for the token. According to CoinMarketCap, the current price stands at $0.00002153, representing a 0.32% increase – evidence that recent favorable market conditions may be contributing to its revival.

In simple terms, the wider cryptocurrency world considered it a significant achievement, not just for SHIB, but for the entire crypto sphere, indicating a potential increase in acceptance for meme coins as a whole in the upcoming period.

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2024-06-14 18:21