Shiba Inu: Nasdaq Listed Online Retailer Announces Added Support For $ SHIB

Newegg Commerce, a leading online retailer, may soon accept payments in the cryptocurrency inspired by the Shiba Inu memes ($ SHIB), at least according to its supporters who noted that the company’s official Twitter profile was in talks with the developers of SHIB.

As first reported by Benzinga, Newegg’s official Twitter account tagged Shiba Inu’s official account on the microblogging platform as well as his project manager asking them for a direct message because they had a question.

The tweet was quickly interpreted by the community as a clue that the Nasdaq-listed retailer was looking to accept payments in the memes-inspired cryptocurrency, which has seen its price rise this year following a retail frenzy that has allowed an investor who wagered $ 8,000 in cryptocurrency. have at one time $ 5.7 billion in his portfolio.

Newegg’s tweet comes after revealing in late April that he will be accepting payments in rival Shiba Inu coin Dogecoin ($ DOGE), now usable on the company’s website to purchase consumer electronics, entertainment, smart home and game products.

Notably, Newegg was one of the first large retailers to start accepting cryptocurrency payments. In 2014 the company started accept Bitcoin ($ BTC) for payments and has since expanded its offering to include $ LTC, $ BCH, $ ETH, $ USDC, $ PAX, $ BUSD, $ USDT, $ WBTC and $ DAI.

As CryptoGlobe reported, the number of merchants accepting SHIB has recently increased after popular cryptocurrency payment processor CoinGate added the memes-inspired cryptocurrency to its platform with more than 500 integrated merchants.

Notably, the number of Ethereum addresses holding SHIB fell earlier this month as the price of the crypto asset plunged along with the rest of the cryptocurrency market. According to data from blockchain explorer Ethereum EtherscanThere are currently 981,163 addresses holding the memes-inspired cryptocurrency, a significant decrease from the 992,900 that held SHIB earlier this month.


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Featured Image Via Pixabay

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