SHIB tokens gain popularity among whales after integration with BitPay

Payment system BitPay on Thursday integrated SHIB into its wallet, and now offers users a wide range of services with this cryptocurrency.

Everyone will be able to buy, exchange, store and trade not only SHIB, but also other digital assets. The wallet supports Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin and several stablecoins.

Merchants affiliated with BitPay can now automatically accept payment in SHIB. The first trading company to do this was the electronics retailer Newegg.

 

 

Following the online store, film giant AMC has proven its commitment to the meme coin. The company said that the cryptocurrency will be available as a means of payment in early 2022.

Interest in Shiba Inu at the BitPay payment system did not arise out of nowhere. Back in April 2021, the COO of BitPay announced that meme coins hold significant promise. They account for 10% of all company transactions. Therefore, choosing SHIB has important advantages.

The SHIB integration has led to active purchases in the cryptocurrency market. Many cryptocurrency whales have replenished their stocks of meme coins at an acceptable cost.

This interest can be easily explained. BitPay is respected in the cryptosphere. This company was founded in 2011 and was one of the first to consider the prospects for the practical application of digital assets. Since 2014, she has been actively collaborating with Microsoft to process crypto payments.

By the way, as it became known recently, SHIB intends to add the Lithuanian company CoinGate to the list of accepted cryptocurrencies.

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