Breitling, a luxury watch brand, has now adopted Shiba Inu for payments along with Bitcoin and other cryptocurrencies through BitPay, a crypto payment gateway provider.
BitPay also supports other cryptocurrencies in addition to Bitcoin and Shiba Inu, currencies such as Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Wrapped Bitcoin, and five other USD-pegged Stable Coins (BUSD, DAI, GUSD, USDC, and USDP). This means that the customers can pay from a variety of cryptocurrencies to the luxury watchmaker.
Various Swiss luxury watchmakers like Tag Heuer and Hublot have already announced their partnership with BitPay and thus accept cryptocurrency payments for their luxury products.
In June, Hublot, a Swiss luxury watchmaker, announced the launch of their new 200 limited edition watches collection, which is now available for purchase using cryptocurrencies as a payment medium. Currently, the payment tool is restricted to Hublot’s United States eBoutique customers.
SHIB is one of the top 10 crypto assets traded amongst 2,000 large ETH whales in the past 24 hours, as per WhaleStats. Shiba Inu whales continue to accumulate more tokens as currently SHIB worth $562,701,229 are owned by the top 100 ETH whales.
The latest Shibarium updates that have been released by Unification according to which, the Shibarium Private Alpha TestNet is currently being developed for the Public Beta TestNet extension, which is planned for the upcoming quarter.
Leading Estonian exchange Switchere has officially announced positive news and is finally listing Shiba Inu tokens on their exchange while mocking its listing for weeks now.
Price of Shiba inu token
At the moment, Shiba Inu is trading down to 7.23% at $0.00000995, although the token is up at 2% in the weekly charts.
According to some popular crypto experts of this crypto industry, the project team behind Shiba inu token is only taking the advantage of the popularity of Shiba token and their future & ongoing development works are totally useless for Shiba inu token.
In particular, developers are developing Shibarium blockchain Network but that Blockchain network will not use Shiba inu token as native token, these things are really disappointing for those crypto Investors which are investing in shiba inu token.
Read also: Russia seeks to provide tax discount to digital asset issuers