Here’s how you can move around with Shiba Inu

Sahana Kiran
Shiba Inu
Source – Unsplash

The impeccable journey of Shiba Inu [SHIB] has been lauded by many. The altcoin was time and again disregard as a mere joke following its dainty value. Despite this, an array of firms across the globe have been widely adopting the altcoin. Food, fashion, real estate sectors, you name it, SHIB has already lured them in. Now, eyeing the transportation industry, SHIB seems to have garnered the attention of a prominent taxi company.

A member of the Shib Army took to Twitter to affirm that Nova Taxi was accepting payments in Shiba Inu.

Operating for over 20 years, Nova Taxi is a prominent name in Spain. Now, the latest integration is speculated to boost both the taxi as well as the crypto industry.

Shiba Inu persists dominance over ETH whales

Apart from its global reach, Shiba Inu has been creating an uproar in the whale industry. Ethereum [ETH] whales particularly have taken a keen interest in the altcoin. Throughout March, these ETH whales moved billions and even trillions of SHIB. Thanks to this momentum, Shiba Inu managed to attain a spot on the whale-rich list.

According to data curated by WhaleStats, SHIB was the third most held cryptocurrency by the biggest 100 ETH whales. Ethereum and the FTX token stood in the first and second positions.

The price of Shiba Inu, however, stayed sober despite this peaked interest by the whales. The community has time and again complained about the inert price of the altcoin. Following a major fall, SHIB hasn’t been able to cross $0.00003000. During press time, the altcoin was trading for $0.00002505 with no major fluctuations in its price. Meanwhile, its counterpart, Dogecoin [DOGE] was on a roll amassing significant gains.

The market cap of the doge-inspired coin was $13.75 billion. The altcoin had previously locked horns with DOGE regarding market cap. However now, Shiba Inu did not stand a chance with Dogecoin. Musk’s favorite crypto was at $20 billion. The disparity between the two was incredibly high.