“Bitcoin of America” added Shiba Inu token support
Alongside Ethereum and Dogecoin, Dogecoin’s rival Shiba Inu will remain available for ATM users.
Shiba Inu is a popular meme token, after Dogecoin. However, Shiba Inu origin was nothing but its project team using the popularity of this token to make more Crypto projects based on Shiba inu and also Shiba in token supporters are rapidly burning the supply of Shiba Inu tokens. More than 40% supply has been reduced. Right now two crypto projects Shibarium and Shiberse are the highly discussed projects under the roof of Dogecoin’s rival popularity.
On 4 April, Bitcoin of America, a Popular cryptocurrency ATM operator company, announced through a press release that it added Shiba in token support to its ATM kiosks, besides the big flagship cryptocurrencies support.
This kiosk will allow buying and sale of multiple Cryptocurrencies along with two highly popular meme coins. Earlier this month, the Company added support for Dogecoin.
Last year, Bitcoin of America introduced its integrated ATM kiosks for the public, which was providing crypto and non-crypto services together. Alternatively, we can say the company introduced a traditional and crypto-based kiosk, which allows customers to buy crypto right after dispensing cash with their debit card.
According to the data available by CoinATMRadar, the company is operating around a total of 1,841 ATMs at different locations in the United States. The company also has regulatory approval from FinCEN and also maintains federal registration to sustain its money services business under full compliance-based services.
Shiba Inu token
However pump in the price of Shiba Inu, after the shoutout of Elon Musk, was more than Dogecoin but the core Dogecoin founder never appreciates Shiba Inu as a coin.
According to Billy Markus, past Dogecoin developer, Shiba Inu and other meme coins aren’t worth it for users because these coins have no use cases and also these are not coins, instead are tokens.
Recently Billy raised voice against the Metaverse platform of shiba in the project and claimed that the team will make money from Shiberse but it will not give any benefits to the Shiba token holders.
Read also: UK will adopt stablecoins in the retail payments system, says Finance Ministry
