The Shiba Inu brand has entered a new sector on Twitter and is already trending in it: business and finance, according to LucieSHIB, a content marketing expert for the Shiba Inu ecosystem.
According to the snapshot Lucie provided, SHIB is mentioned in 144,000 tweets under that trending topic.
SHIB adoption sees large expansion lately
This year, Shiba Inu has actively increased acceptance and utility through several collaborations with retailers. It signed many collaboration agreements with significant firms that compete in the marketplaces for luxury vehicles, rental cars, watches (Hublot), and other commodities last year.
Recently, the fast food chain Welly, an Italian partner of Shiba Inu, has declared plans for national development.
The London Lions, a British professional basketball team, started working with the BitPay cryptocurrency payment gateway last week, as reported by U.Today. As a result, they are now taking a variety of cryptocurrencies, including Bitcoin, Ethereum, DOGE, Shiba Inu, and many more.
Now, cryptocurrency may be used to pay for this illustrious basketball team’s merchandising.
SHIB burns spike 1,027%, SHIB price performance
Popular SHIB tracker Shibburn reports that over the past 24 hours, these meme coins’ burn rate has increased significantly by 1,027%. Since yesterday morning, 15,487,160 SHIB canine tokens have been sent to invalid addresses.
In the past 24 hours, the three biggest transactions totaled 6,117,630 SHIB: 4,592,688 SHIB and 2,607,056 SHIB. Last one was done two hours ago.
The second-largest dog meme token unexpectedly showed an increase of more than 7% on Sunday. Although it was followed by a drop of 4.43%, SHIB is currently trading at $0.00000714 on the Binance market.
