Elon Musk’s Tesla to Accept Shiba Inu as Payment? Back-end Code Shows SHIB with Bitcoin

Vinod Dsouza

Tesla could accept Shiba Inu as a form of official payment if their website’s back-end payment procession code is to be believed. The code is currently not enabled to the public and comes under the banner ”Apple Pay” and case banner ”Bitcoin” and ”Shiba”.

The back-end code is mostly for different payment options. Bitcoin and Shiba Inu could make it to Tesla, as per the back-end code.

Tesla CEO Elon Musk is fond of Dogecoin, but considering a business stand of view, Bitcoin and SHIB have a larger-than-life following. Getting these two cryptos on board will open floodgates of both big investors and millennials alike.

”We can confirm #Tesla has placed #SHIB alongside #Bitcoin into their website’s payment processing system code. It is not currently enabled to the public & could be scraped at any time,” Watcher.Guru tweeted and we’re the first to reveal the development.

Even the official Twitter handle of SHIB confirmed the development. They sent out a tweet quoting their developer that the back-end payment option could be real.

Shiba Inu Superstar

Shiba Inu had a wild run in October 2021 as the coin shot up +900% giving a stellar performance. It attracted heavy buying pressure and thousands of new investors jumped the SHIB bandwagon. The coin is the third most Googled crypto in the world. It’s only behind Bitcoin and Ethereum. Also, its rival Dogecoin is ranked sixth.

SHIB’s market cap is growing and currently stands at $39 billion, and is up +10.65% in the days trade. The coin outperformed almost every other crypto in the market and delivered good returns on investment in October, 2021.

Will Robinhood Get Shiba Inu on Board?

CoinMomo had boldly predicted that Robinhood will list Shiba Inu on their platform on November 1, 2021. Robinhood’s Q3 results show its in trouble as its crypto revenue dipped drastically and its previous saviour Dogecoin, isn’t delivering.

Doge’s hype slowly fizzled out as the coin failed to shoot up in price since its dip in May, 2021 giving room to investors to look elsewhere. Shiba Inu took all the limelight and is at present the first choice of investment among the investors’ community.

Nonetheless, Robinhood has not officially confirmed a Shiba Inu listing and we’ll have to wait and watch for an announcement. In addition, considering its Q3 debacle, Robinhood now needs SHIB more than SHIB needs Robinhood.

Shiba Inu at the time of publishing was trading at $0.00007149 and is up +9.47% in the 24-hours day trade. The coin still displays bullish sentiments and could shoot up as its attracting buying pressure.

Robinhood getting it on board can make SHIB knock out a zero or two as it would open the gates to millions of new investors to trade the coin.