Shiba Inu acceptance continues to grow as several companies now accept Shiba Inu as payment
US mattress store Beds to Go now accepts Shiba Inu for payments, allowing crypto users to trade SHIB for a good night’s sleep. As seen on its payment page, the American mattress store has announced that it is open to receiving cryptocurrencies for payments through Coinbase.
Dating back more than 30 years, the Tennessee-based store also accepts Bitcoin, Ethereum, Litecoin and HEX as payment.
Shiba Inu acceptance continues to grow as more businesses now accept Shiba Inu for payment. As previously reported by U.Today, Australian energy company 1st energy, SlingTV and SuperJeweler are among the many companies accepting SHIB.
In early February, Bitexen, a Turkey-based cryptocurrency exchange, announced the listing of Shiba Inu alongside five other tokens on its platform. Now, with a massive following and presence in the industry, SHIB has decided to expand its presence. A recent tweet from the SHIB Army revealed that they met with the former economic minister of Turkey, Mustafa Elitaş, to increase SHIB adoption.
Burning of Shiba Inu tokens continues at a steady pace
As reported by Shibburn manager Twitter handle, ”In the past 24 hours, there have been a total of 6,341,324 SHIB tokens burned and 6 transactions. ”
The top 100 Shiba Inu holders have likewise increased their portfolios, as WhaleStats reports a 178.87% rise in the average SHIB balance of this category of investor. The average SHIB value of their portfolio has also grown by 180.48%. Both volume and active addresses have grown by 880% and 18.18% over the last 24 hours, demonstrating healthy metrics.
At press time, Shiba Inu was trading at $0.0000228, down 6.10% in the past 24 hours according to data from CoinMarketCap.
