shiba inu, crypto adoption

Photo Credit: shibatoken.com

Travala has listed SHIB as their latest payment option

Travala, a blockchain-based travel company backed by Binance, has added support on their website for payments in Shiba Inu. The Australia-based crypto-forward company’s official account tweeted congratulations to Shiba Inu supporters for winning the token war it put up a few days ago by way of a poll, noting that SHIB is now featured as a payment method on Travala’s website and can be used to book over 2 million hotels worldwide and flights from more than 600 airlines using the SHIB token.

While it is a big win for the ShibArmy, Travala has openly embraced crypto payments for a while now. The platform already accepts more than 40 major cryptocurrencies for payments on their website. The Travala token battle between Floki Inu and Shiba Inu gained close to 4.9 million votes. Shiba Inu got some 3.4 million votes in the battle — accounting for 69 percent of the total turnout. Fellow dog coin and rival meme coin, Dogecoin was added to the list of available payment options in early May 2021.

Congratulations to @Shibtoken for winning the token battle on #Travala.$SHIB is now listed as a payment method method on https://t.co/CL8FxBfPc0 to book over 3M travel products worldwide

Join the $AVA Smart program to get up to 13% additional savings ???? https://t.co/iqw9MLLbew pic.twitter.com/YiHDQvt2gN

— Travala.com (@travalacom) December 7, 2021

Travala also has its own native token AVA, which is a multi-chain token based on the Binance Smart Chain and the Ethereum blockchain.

This is yet another instance where the SHIB community continues to support the meme token and keeps pushing for its wider adoption across platforms that accept crypto payments. The win comes shortly after the community’s overwhelming support on social media convinced Kraken to list Shiba Inu on its exchange. The listing process did take close to a month for Kraken to complete, but it did eventually happen.

For the last few months, Shiba Inu has been in headlines more than most other altcoins, including DOGE. In November, major US movie theatre chain AMC theatres also announced that it would accept SHIB payments. Almost all major exchanges including Binance, Kraken, Coinbase, and Gemini have listed Shiba Inu for trading. It seems that Robinhood is all that’s left, and the community has been consistently calling out the US-based exchange to make it happen.

SHIB also managed another landmark earlier this month. The cryptocurrency reached over 1 million holders despite the dip in value over the past month — a feat only a few major altcoins have achieved so far.

At the time of publishing, Shiba Inu’s value was at $0.000036 (roughly Rs. 0.002723), marking a 3 percent dip over the past 24 hours. As per CoinGecko, SHIB’s value has dipped more than 36 percent over the past month.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

TECH NEWS RELATED

Walmart Could Begin Offering Its Own Cryptocurrency, Launch Virtual Shopping Experience in the Metaverse

Photo Credit: Reuters/ Kamil Krzaczynski Walmart could be gearing up to enter the metaverse Walmart, the US retail giant and the world’s largest company by revenue, appears to be positioning itself for a venture into the world of crypto and non-fungible tokens (NFTs). Based on trademark documents the retail ...

View more: Walmart Could Begin Offering Its Own Cryptocurrency, Launch Virtual Shopping Experience in the Metaverse

Australian Open 2022 Live Stream: How to Watch in India, UK, USA, and Around the World

Photo Credit: Rob Keating Naomi Osaka at the Australian Open The 2022 Australian Open has finally begun. After weeks of off-court drama surrounding the visa exemption given to anti-vaxxer and men’s tennis no. 1 Novak Djokovic — who lost his court appeal Sunday and was deported later that day ...

View more: Australian Open 2022 Live Stream: How to Watch in India, UK, USA, and Around the World

Oppo Find X5 Pro Live Shots Reveal Key Specifications Before Launch

The Oppo Find X5 Pro smartphone’s live shots have popped up on the internet, revealing the handset’s key specifications before launch. The word on the street is that Oppo is prepping to launch the Find X5 Pro globally sometime in March this year. Aside from that, the Chinese consumer electronics ...

View more: Oppo Find X5 Pro Live Shots Reveal Key Specifications Before Launch

Oppo Watch Free goes all out on sports and sleep

Oppo announced the Oppo Watch Free, an entry-level smartwatch with sleep, workout, and health monitoring rolled into one wrist candy. A key feature is OSleep, which tracks your sleep habits before, during, and after sleep to help users achieve higher-quality slumber. Oppo combines continuous, second-level SpO2 monitoring, snore monitoring, ...

View more: Oppo Watch Free goes all out on sports and sleep

Solana Crypto Gains Backing From Boxing Legend Mike Tyson, Who Says He's 'All In'

Solana crypto gained probably its biggest fan in boxing legend Mike Tyson, who has professed his all-out support for the digital currency. (Photo : JC Olivera/Getty Images)MALIBU, CALIFORNIA – DECEMBER 12: Former professional boxer Mike Tyson attends Celebration of Smiles Event hosted by Dionne Warwick on her 81st Birthday to ...

View more: Solana Crypto Gains Backing From Boxing Legend Mike Tyson, Who Says He's 'All In'

Protecting Electric Vehicle (EV) Charging Stations From Cyberattacks

As the number of electric cars on the road grows, so does the need for electric vehicle (EV) charging stations and the Internet-based managing systems within those stations. However, these managing systems face their own issues: cybersecurity attacks. Elias Bou-Harb, director of the UTSA Cyber Center for Security and ...

View more: Protecting Electric Vehicle (EV) Charging Stations From Cyberattacks

Elon Musk's Tesla Inks Mozambique Deal to Get Key Battery Component Outside China

Deal is part of Tesla’s plan to ramp up its capacity to make own batteries to reduce dependence on China Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China ...

View more: Elon Musk's Tesla Inks Mozambique Deal to Get Key Battery Component Outside China

Xiaomi hires former BAIC executive for its electric car project

Xiaomi has hired Yu Liguo, a former senior executive at state-owned automaker BAIC Motor, to lead its autonomous electric vehicle (EV) project. The move brings a highly-experienced executive from the traditional auto industry to the 12-year-old smartphone maker. Why it matters: The hire is the latest sign that Xiaomi ...

View more: Xiaomi hires former BAIC executive for its electric car project

50 more startups in wings to be unicorns: report

Tesla Turns to Mozambique for EV Components

Apple's New iPad Pro Might Come With MagSafe Charging Glass Logo: Report

China's first 2022 launch a success, satellite now in orbit

Fire-Boltt Ninja 2 Max Launched In India, See Price & Specifications

KT partners with Shinhan Bank to develop AI, metaverse services

Piyush Goyal assures full support to IT firms in pushing growth, exports to $1 trillion

National Startup Day validates role of startups in growth of economy

Indian electric commercial vehicle startup EVage raises $28M seed round led by RedBlue Capital

Agritech firm DeHaat acquires farm input startup Helicrofter

IndiaFilings closes $4.3 million in secondary share sale to BeeNext, Udtara Ventures

US and China, in separate corners, wrestle with cryptomania’s excesses

OTHER TECH NEWS

;