Shiba Inu is one of the most popular meme-coins in the cryptocurrency market. However, it is soon coming to mainstream, slowly giving up it’s ‘meme-coin’ title to become a stablecoin.
Shiba Inu has generated massive returns for its investors [ShibArmy] year-to-date and as more and more merchants start accepting the meme-coin, we can soon see the value of Shiba Inu rise.
Recently, Canadian healthcare company AskTheDr announced it will start accepting Shiba Inu as a mode of payment. Even the famous American theatre chain AMC revealed it has started accepting the meme-coin as payment method.
How Many Stores Accept Shib?
Here is the full list of stores where Shiba Inu is accepted as a method of payment:
- GameStop: A digital-cum brick-and-mortar store. This store was at the center of the early 2021 Reddit trading hype.
- Whole Foods
- Bed, Bath, & Beyond
- Ulta Beauty
- Regal Cinemas
With more and more stores starting to accept Shib as a payment mechanism, the investors of the coin are more optimistic than ever.
ShibArmy Prepares For Upcoming Rally
SHIBA Inu is currently the world’s 13th most valuable cryptocurrency. At one point, it had even overtaken Dogecoin to become the 9th most valuable crypto token on the planet.
As most Shiba Inu hodlers are active on Twitter and Reddit, a quick look at their community shows that even though the crypto markets have been plummeting off late, the Shib Army is optimistic about the future of Shiba Inu.
Investors who believe in Shiba Inu are reluctant to sell-off their holdings and are preparing for another leg-up rally in the prices.
A well-known Shiba Inu support page on Twitter @ShibInform tweeted saying: If you’re smart you are buying the $SHIB dip right now!
The comments of the tweet echo similar sentiments from ‘holders’ of Shiba Inu. “SHIB is getting ready for another 1000%”, read one comment while other said “We are ready”
What do you think about the whole story? Tell us your thoughts in the comments.