Blockchain Wire, a press release distribution provider for blockchain and crypto news, has announced the addition of Shiba Inu (SHIB) to its list of accepted cryptocurrencies. This means that the more than 1,800 companies across the industry that target news distribution can now pay for the service using SHIB.
Blockchain Wire already accepts Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Polygon (MATIC), and the stablecoins USDT and USDC in addition to SHIB.
The decision to add SHIB as a payment option comes as the token has gained significant popularity and a growing base of token holders. Blockchain Wire CEO Michael Shuler commented, “SHIB is a widely held token by many of our current and prospective clients. With the recent launch and bridge of Shibarium, it only makes sense for Blockchain Wire to accept such a broadly used token with a growing base of token holders and a rapidly developing layer-2 network.”
Shiba Inu started as a meme token inspired by Dogecoin but has quickly gained traction and become one of the largest crypto communities in the decentralized ecosystem. The recent launch of Shibarium has reignited interest in the SHIB token among whales.
As of now, SHIB ranks as the 16th largest cryptocurrency by market capitalization, with a total market cap of $4.4 billion.
Summary
Blockchain Wire, a press release distribution provider, has added Shiba Inu (SHIB) to its list of accepted cryptocurrencies. This means that companies in the industry targeting news distribution can now pay for the service using SHIB. Blockchain Wire already accepts several other cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Polygon (MATIC), and the stablecoins USDT and USDC. SHIB has gained popularity and a growing base of token holders, making it a logical addition to the accepted cryptocurrencies. Shiba Inu has become one of the largest crypto communities, and the recent launch of Shibarium has reignited interest in the SHIB token.
FAQ
What is Blockchain Wire?
Blockchain Wire is a press release distribution provider that focuses on blockchain and crypto news.
What cryptocurrencies does Blockchain Wire accept?
Blockchain Wire accepts Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Polygon (MATIC), Shiba Inu (SHIB), and the stablecoins USDT and USDC.
Why did Blockchain Wire add SHIB as a payment option?
Blockchain Wire added SHIB as a payment option because it is a widely held token with a growing base of token holders. The recent launch of Shibarium and the development of a layer-2 network make it an attractive choice for the press release distribution provider.
What is Shiba Inu?
Shiba Inu is a cryptocurrency token that started as a meme token inspired by Dogecoin. It has gained popularity and become one of the largest crypto communities in the decentralized ecosystem.
What is the market capitalization of SHIB?
As of now, SHIB has a market capitalization of $4.4 billion, making it the 16th largest cryptocurrency.
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