Fidinam Group, a Switzerland-based multinational company, has recently announced accepting Shiba Inu as a mode of payment. The report came after the admin of Shiba Inu Venenzuala Community, @ShibaXanders, tweeted it on 20th April.
Shiba Inu EXPANSION is imminent. I present to them, the first multinational located in Switzerland, to accept Shiba Inu as a payment method. Let’s welcome “FIDINAM” have a presence in Germany, Austria, Belgium, United Kingdom, USA and Soon in Spain. WOOF! https://t.co/aRc00FbvsV pic.twitter.com/16zDWIqXFl
— Xanders Shib???????? (@ShibaXanders) April 19, 2022
Fidinam is one of the biggest MNCs in Switzerland, having its operations in countries like Germany, Austria, the United Kingdom, Belgium, Spain, and the United States.
Besides Fidinam, Baltimore’s only private Porsche family, Porsche Towson, has also announced a collaboration with the famous crypto payment processor BitPay to accept digital currencies, including Shiba Inu.
SHIB can be used by hundreds of payment merchants, including BitPay. BitPay announced its partnership with Shiba Inu in early 2021. Moreover, Shiba Inu can also be accepted at Twitch, SlingTV, American Cancer Society, Menufy, Newegg, and Hurricanes. Some more prominent firms are now accepting this leading cryptocurrency.
Meanwhile, SimpleHold, a lightweight wallet for Bitcoin, has introduced the popular Shiba Inu triad, LEASH, SHIB, and BONE. LEASH and BONE are the two tokens available on the Shiba Inu ecosystem. SimpleHold has been granted using LEASH and BONE on its app for trading.
Robinhood investment app has released its long-awaited list mentioning the status of Shiba Inu. The report suggests Shiba Inu is leading the crypto market despite the DXY bearish trend. A piece of good news for SHIB investors as it continues to enjoy this green chart movement.
SHIB has been topping the charts for nearly a week, with the largest mark having USD value among the top 100 ETH whales and one of the top ten most earned coins. The top ETH whales currently have 53,391,158,345,427 SHIBs worth $1,357,748,940. This is 15.14% of their total portfolio. Shiba Inu was trading at $0.0000255 when this report was published.
Shiba Inu is winning as a payment method!
While most cryptocurrencies are struggling on the charts, including BTC and ETH, due to the ongoing DXY’s bearish trendline, Shiba Inu has managed to keep its path strong.
Shiba Inu already won the crypto race last year regarding market performance. This popular meme token has increased by an astonishing 45,000,000%. It was all due to the support from the Shiba Inu community – a group of loyal supporters known as the Shib Army.
Moreover, the general Shiba Inu Mascot has also led to this tremendous growth. And finally, any news from firms that started to accept Shiba Inu as a payment method (BitPay) increased the value of this crypto asset.
Over 40,000 merchants accept Shiba Inu today. Ironically, it does not even chart the world’s top 10 cryptocurrencies!