Disclaimer: The opinions expressed by our writers are their own and do not represent the views of InkByte. The financial and market information provided on InkByte is intended for informational purposes only. InkByte is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
According to recent tweets, can now be used to buy sneakers online. SHIB has become a payment method on the marketplace that allows users to buy and sell sneakers, apparel and luxury accessories.
Hey
— Inna Dripto (@ennadryp)
Today became a payment method at online marketplace built from scratch to accept . It is possible to spend SHIB to buy online! Shib is a real world utility now! Remember this day! Congrats!https://t.co/CrlDSjtwe1
Also, a global enterprise software provider, , has signed a partnership with BitPay that will allow the acceptance of cryptocurrencies for its solutions. SAP Commerce Cloud already provides integration with different payment service providers for various payment options.
Did you see the latest from SAP Sapphire? - SAP services now delivered on Cloud for Financial Services - SAP recently signed an agreement with BitPay for adoption & much more: https://t.co/uRMR8xjo9Y pic.twitter.com/8RsLrVT3CX
— Nicolas Plocharski (@NicolasPlo1)
It says the move to accept cryptocurrency comes as customers increasingly expect SAP to enable them to interact with crypto and decentralized finance (DeFi), enabling payments, financial services and crypto accounting. BitPay announced support for Shiba Inu in December 2021.
More than 78 million SHIB burned
According to the handle, there have been over 78,446,020 SHIB tokens burned in the last 24 hours in nine transactions have been made.
In the past 24 hours, there have been a total of 78,446,020 tokens burned and 9 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of tokens burned, circulating supply, and more.
— Shibburn (@shibburn)
As reported by InkByte, stock brokerage app Robinhood now enables its users to transfer Shiba Inu and other available digital assets in and out of the platform. Shiba Inu went live on Robinhood in April.
JUST IN: now on top 10 by trading volume among 100 biggest whales in the last 24hrs 🐳
— WhaleStats - BabyWhale ($BBW) (@WhaleStats)
Check the top 100 whales here: https://t.co/N5qqsCAH8j
(and hodl to see data for the top 5000!) pic.twitter.com/G1Wq3JHo7e
According to , SHIB now ranks among the top 10 by trading volume among the 100 biggest ETH whales in the last 24 hours. Large transactions have also increased by 54% in the past day, according to data from IntoTheBlock. A transaction is often more than $100,000, and large transaction spikes are sometimes associated with increased activity from whales who are either buying or selling.
Shiba Inu was trading up 5.54% at $0.000011.
InkByte Editorial Team
Dan Burgin
