Once again, Shiba Inu has landed another major partnership that will make SHIB’s prices skyrocket, guaranteed. And just yesterday, Shytoshi Kusama, lead developer at Shiba Inu made an announcement that will simply blow your mind and make every holder's pocket fat with profits. If you want to find out what that announcement is, then make sure you read this article to the very end because I’ll be explaining everything in the last detail!
Shiba Inu Market Update
Shiba Inu is still doing its thing and crushing it in the market. In the past two weeks, Shiba Inu has tripled its value, marking another crazy bull run for the token. From all the signs, we’re getting closer than ever to our all-time high and it really could happen any moment now.
And now, once again, Elon Musk has proved to the world that a tweet is mightier than the sword. After tweeting a text art image of a Shiba Inu dog along with a rocket ship emoji which is slang for “to the moon” in the crypto-verse, Shiba Inu’s prices are once again off the charts.
That one tweet resulted in a 21% jump for SHIB! Other Shiba-Inu-themed cryptocurrencies like Floki also saw a price increase as well. But there are more insane price pumps coming for Shiba Inu, especially with the recent announcement from Shytoshi.
And that’s what I’m going to be showing you in today’s article. However, just before we get to that, let's check out other SHIB news as well.
I don’t know when you joined the SHIB army but I’m pretty sure you haven’t regretted the decision since you did. Shiba Inu has made massive gains in the last few weeks, far more than anyone thought possible.
But just to give you some perspective as to just how much gains SHIB has recorded check out this tweet from Watcher Guru. $1000 invested in these cryptos at the start of 2021: SHIB: $328 million. Solana: $106,000Polygon: $87,000 Doge: $49,000Cardano: $12,000 VeChain: $6,666 Ethereum: $5,180 XRP: $5090 .
Also Read: 32 billion shib tokens dumped! Shiba inu rebounds 40% shib coin will rise more
According to the tweet, if you had invested $1000 in SHIB at the start of the year, Right Now, your investment would be worth a mind-blowing $328 million! This is simply off the charts! Especially when you compare this with more established coins and tokens.
Shiba Inu’s performance simply blows other cryptocurrencies out of the water. From Watcher Guru’s calculation, investing in SHIB is, at least, ten times more profitable than investing in many other cryptocurrencies.
I mean, I’m no financial advisor and I advise you to do your own research before investing. But the facts seem to speak for themselves. This is the way, guys! SHIB is going to make you rich as long as you keep holding.
Meanwhile, the petition to list Shiba Inu on Robinhood has not waned. There are now over 250,000 signatures on the petition hosted on change.org. And the goal is to hit 300,000 signatures soon. I hope your signature is on the petition and I hope you’ve gotten others to sign too.
A Robinhood listing will be great for Shiba Inu and even for Robinhood. So, we must all play a part to snag this listing.
Also Read: Shytoshi Announced One cent Is Possible Shiba Inu Coin will hit One Cent in 2021
We still have the very important announcement from Shytoshi. But I’ve got to talk about this major listing Shiba Inu just landed. They say the world is your oyster and right now, Shiba Inu is living the reality of that maxim as exchange listings expose the cryptocurrency to literally every continent of the world.
Just a couple of days back, Shiba Inu got listed by the oldest and biggest exchange in Turkey, BtcTurk. In fact, the token started trading today on the exchange at 6 am, EST. Apparently, trading was supposed to begin last Friday. But the launch got shifted and trading started today.
This exchange listing goes to prove the crazy high demand for Shiba Inu, which has quickly grown to become the second-largest canine cryptocurrency in the world after Dogecoin. Besides getting listed on all the biggest exchanges in North America, Shiba Inu has now started to spread its tentacles around Europe and Asia to meet the demands growing all around the world.
Inadvertently, the token is also giving Dogecoin tons of sleepless nights as it tears through the market with insane speed. Though there is still some distance between the two dog-themed cryptocurrencies, SHIB’s knack for meteoric rises means that the token will most likely flip Dogecoin any minute.
However, one criticism that remains against the Shiba Inu token is its overabundant supply of about 394 trillion tokens. But the developers have already come up with brilliant strategies to reduce supply significantly. I’ve talked about this in a couple of previous articles.
Alright, to the big announcement! I hope you’re ready for it. If you’ve been following the channel, then you know by now that SHIB is in partnership with platforms like Shopping.io and Now Payments. These are platforms that help businesses and organizations accept payment in crypto.
In fact, thanks to these partnerships, SHIBholders can now shop on their favorite e-commerce stores including Amazon and eBay, giving SHIBreal world utility that will only serve to make Shiba Inu increasingly valuable. Just yesterday, Choripan Food Truck in Venezuela joined the party and has become the first merchant to accept SHIB via NowPayments.
And Xanders Shib reveals in a tweet they shared yesterday that Shytoshi paid a pretty huge sum to the merchant via Now Payment, most likely as a form of support. Today, our dear Shytoshi Kusama has paid throughNowPayments.io the amount of $10,000 in SHIB to the first merchant to accept this means of payment, @choripanfoodtr1.
We will have a pool party for the Shiba holders in Venezuela. Stay tuned. Well, I guess Venezuela is the place to be for all SHIB holders right now. Anyway, this is fantastic news and something that Shiba Inu desperately needs.
Also Read: Shiba inu coin leading the transaction volume and surpassing dogecoin
That is more use cases. Besides, Shytoshi revealed that all SHIB payments made through either NowPayment or Shopping.io will have a portion sent off to a burning wallet to help reduce the total amount of SHIB in circulation.
So, if you’re a SHIB holder and you own a business, you could play your part in contributing to the burn by partnering with NowPayments to accept payments in SHIB. It won’t just help with the burn, it also opens the door to mainstream adoption which is a key step in making Shiba Inu extremely valuable.
NowPayments has made it super simple for businesses and organizations to accept SHIB either as payment or as donations. According to the NowPayments blog, there are four ways you can accept SHIB as payment for your business.
There are crypto invoices that are ideal for small businesses with a moderate selection of products. A crypto invoice contains all key information necessary for making a transaction. And it comes with a user-friendly layout that’s super easy to navigate.
Another solution for businesses is crypto payment plugins. If you host your website on Shopify, PrestaShop, WordPress, and Shopware, this is the option to go for. You should also go with this option if your businesses use software like Magento 2, Zen Cart, WHMCS, and OpenCart.
With NowPayment’s payment plugins, all SHIBpayments are automatically processed, saving you the headache. There is also an API method for integrating SHIB payments for companies that need a custom solution.
And if you’re a physical store owner, you can make use of the crypto terminal link. Now, if you own a charity or a non-profit organization, or maybe you’re a blogger that accepts donations, NowPayments also has a solution for you.
You can make use of the crypto donation widget, a donation button, or a customized branded donation link. That said, to accept SHIB tokens, you only need to take three simple steps.
First, sign up for a NowPayments account. The process hardly ever takes up to one minute. Once you’re done with that, go to store settings, enter your wallet address, and then add a new API key. Then after that, paste the API key wherever you want for any type of SHIB payment gateway, whether it's the widget, button, or invoice module. And voila! You’re ready to start accepting SHIB payments! Easy, right?
