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Shiba Inu as a means of payment, SHIB course on all-time highs and scam giveaways



What has happened in the Shiba Inu verse in the past few days? The Shiba Inu rate is at all-time highs, while a Canadian healthcare provider is planning to integrate SHIB payments.


The Shiba Inu Coin is still in 13th place in terms of market capitalization. According to Finbold, Shiba Inu is said to be the fifth-largest number of SHIB holders among the 470,782 ERC-20 tokens in the Ethereum network. Around 66% of Shiba Inu investors are currently in "profit", so they have made a profit with their SHIB investment.


The Shiba Inu price made an all-time high of $ 0.00008 on October 28, 2021. Since then, the SHIB price has gradually decreased, so that we are currently in the pre-all-time high area. The Shiba Inu price is currently around $ 0.00003806.


Canadian healthcare company integrates Shiba Inu payments

The Canadian health company "Ask The Doctor" announced the payment integration of the three most famous dog meme coins: Dogecoin (DOGE), Shiba Inu (SHIB) and Floki Inu (FLOKI). Prakash Chand, Co-Founder and CEO, explains why the company is already working with Bitcoin payments:



“The other reason to offer payment via Bitcoin is to maximize accessibility to our services. Credit cards are not universally available. In some cultures, women do not have the same financial freedom as men to maintain them. Two thirds of our customers are women and we have customers in every third world country. Our overall goal is to democratize access to health care, and Bitcoin's offering is consistent with that goal. "


Further works and the online retailer Newegg Commerce at the Shiba Inu-payment integration. Newegg already accepts Dogecoin, Bitcoin , Litecoin, Ethereum , USDC, PAX, DAI and other cryptocurrencies for the purchase of consumer electronics, entertainment, smart home and gaming products. On November 22nd, 2021, one of Singapore's oldest crypto trading platforms, Coinhako , released Shiba Inu trading.


Growing popularity brings problems

The steadily growing enthusiasm for the meme coin also has various disadvantages. For example , the team behind the Shiba Inu token warned against fake "giveaways" on social networks.


“We were recently made aware of a scam that is spreading across social media and other communication platforms. Here is a short video that provides more information on the subject. "



We can also see the increasing popularity in an imminent milestone: 1 million individual SHIB addresses. As the data on Etherscan shows, not many investors are missing for Shiba Inu to break this record.

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