Newegg announced and confirmed on Twitter that Shiba Inu (SHIB) payments have become a reality, allowing customers to make purchases in SHIB.
Shiba Inu (SHIB) and Newegg
The Electronic Retail giant, Newegg that received considerable positive traction after speculations about the addition of Shiba Inu (SHIB) payments, has now made an official announcement confirming rumors. The company took to Twitter, and confirmed that Shiba Inu payments have now become a reality at Newegg. By allowing the customers to make purchases using coin, Monday onwards. However, it is unsurprising given Newegg’s history of being pro-crypto in its decisions.
While Newegg gave very few additional details or the date for its SHIB acceptance, SHIB’s volunteer project lead gave further information in a blog post about the upcoming Shiba Inu Game. “Now, with this new FriendShib, this CyberMonday, you can actually USE your SHIB for a purchase,” he said.
Rumors about Newegg adding project to its list of available cryptocurrency payment options started flying last week. It happened after the City of Industry-based company tagged the two major Shiba Inu (SHIB) accounts on Twitter, asking for a direct message.
Other important SHIB news
Before the cryptocurrency market crashed by more than 10% in one day, the 1,000 largest Ethereum wallets dropped more than 8% of their Shib holdings. All by entering into USDT and other stablecoins on the Ethereum chain.
Currently, whale holding has increased back to pre-correction levels with approximately $1 billion worth of holdings. Remaining on whale-tier wallets at press time. SHIB price does not seem to react in a positive way, while the token trades at $0.000038 and 0.72% growth in one day.
Shiba Inu (SHIB) has teamed up with game creator and former Vice President of Technology at Activision William David Volk. To consult on its play-to-earn non-fungible token (NFT) game.
The game originally dubbed the Oshiverse will be the newest extension to the SHIB ecosystem. Shytoshi Kusama, the project leader of the decentralized meme currency, provided further details on November 26 in an article titled “The Future of Gaming is Shib” on Medium.