Thanks to the meme coin revolution, the crypto market was introduced to coins like Shiba Inu [SHIB], Floki Inu [FLOKI], and others. While prominent coins are expensive to own a whole, the inexpensive value of these meme coins makes it easier for people to adopt them for payments. As a result, a slew of firms from across the globe has been onboarding SHIB for payments. PayBolt, a Web3 payments gateway spruced things up with the community by including the altcoin.
From fashion to food, Shiba Inu has dipped its toes into every field. Now, PayBolt’s latest addition would allow users to experience fashion, food as well as electronics under a single system. Shib lovers would reportedly be able to purchase coffee, dinner, clothes, or electronics through this medium.
The firm took to Twitter to share the news with the community.
It was raining partnerships for Shiba Inu. Prominent restaurant chain 100 Montaditos revealed that it was testing out cryptocurrency payments and Shiba Inu happens to be on their mind. The admin of Shib’s Venezuela network, Xanders Shib affirmed the latest inclusion on Twitter.
Shiba Inu and Dogecoin emerge as most traded tokens on BSC
The increased activity in the SHIB ecosystem landed the altcoin the first spot on Binance Smart Chain. According to BSC Daily, SHIB with a volume of $618 million, was the most traded token in BSC. Dogecoin [DOGE], the OG meme crypto bagged the second spot with volume amounting to $366 million.
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Additionally, the disparity between the two assets spoke volumes. However, it cannot be concluded that these assets weren’t sold off due to the stagnant price of the meme coins.
Dogecoin and Shiba Inu have been in a pricing rut. With no significant price fluctuations, the community theorized that investors may be liquidating their shares. While the rest of the market was heading in the direction of bullishness, SHIB was moving slowly. Furthermore, the cryptocurrency was trading for a low of $0.00002372 at press time, a small price move of 2%.