Shiba Inu (SHIB) is currently outpacing Tron (TRX)
According to data from CoinMarketCap, Shiba Inu (SHIB) currently overtakes Tron (TRX) in terms of market capitalization. With a current market valuation of $6.66 billion, Shiba Inu now ranks 15th among cryptocurrencies, just ahead of Tron’s market cap of $6.33 billion. Shiba Inu has been gaining traction recently following positive entries into its ecosystem.
In positive news, Shiba Inu announced its collaboration with world-class visualization studio The Third Floor (TTF) for the design and construction of its SHIB.io The Metaverse Project. TTF is the biggest visualization company, helping to create well-known IPs for video games, VR/AR and location-based entertainment.
The community is also waiting for upcoming announcements for the Shiba Inu ecosystem. On July 20, the Shiba Inu team posted a teaser video on their official Twitter account, depicting a cloudy rainstorm.
At the time of publication, SHIB was changing hands at $0.000012, up 2.43% in the last 24 hours and nearly 14% since the past week.
Shiba Inu is currently consolidating in a range after hitting highs of $0.0000131 on July 20. According to WhaleStats, Shiba Inu is facing whale buying pressure, ranking among the top 10 tokens purchased among the top 2,000 ETH whales in the past 24 hours.
Jeripay can now accept Shiba Inu as payment
Acceptance of Shiba Inu, LEASH and BONE may now be possible following FCF Pay’s collaboration with Jeripay. Local fintech company Jeripay POS will be enabled to accept cryptocurrency payments through this collaboration with FCF Pay.
Earlier in July, Canada-based crypto payment platform FCF Pay announced the full list of Shiba Inu Trifecta: Shib, Bone and Leash, making them available as payment options for merchants using its platform.
