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Ava Labs CEO - Shiba Inu is "not his thing"

 The Dogecoin competitor Shiba Inu is further adopted - for example by the travel company Travala. At the same time, the Shiba Inu price is in a less exciting sideways movement and the Ava Labs CEO described SHIB as "not his thing".


Travel company Travala is known for its crypto-savvy stance. Now Travala has also added the Shiba Inu meme token to the payment system. Travala said on Twitter :


“Congratulations to @Shibtoken on winning the token battle on #Travala. $ SHIB is now available as a payment method on https://Travala.com for over 3M travel products worldwide. "


It wasn't until May of this year that Travala added Dogecoin to its payment system. The company also has its own crypto token called AVA, which can be staked on the website for various advantages. In addition, the cinema chain AMC recently decided to allow Shiba Inu as a means of payment. Payment integration via SHIB should take place at the beginning of 2022.


Is the Shiba Inu course picking up again?

On October 28th, the SHIB price made an all-time high of $ 0.00008845. Since then, the Shiba Inu course has tended to decline. The SHIB price is currently around the $ 0.00003647 mark. This means that SHIB is still a long way from its last all-time high.



A crypto whale used the comparatively low SHIB prices to buy 99 billion SHIB tokens worth 4 million US dollars. The Shiba Inu major investor took advantage of the dip at $ 0.00003210.


SHIB is a momentum game

Not only is Shiba Inu receiving attention from crypto whales and crypto-affine companies , but it is also becoming more and more the subject of crypto-internal adoption. The Avalanche Bridge introduced by Ava Labs in July now supports Shiba Inu. In this way, Shiba Inu users can seamlessly transfer their tokens from Ethereum to the Avalanche Mainnet. Ava Labs CEO Emin Gün Sirer was less enthusiastic about SHIB on Twitter . Sirer described Shiba Inu as "not his thing":


“SHIB is a memecoin. As such, it's a purely momentum game - there's no use, so it's a zero-sum game. Exactly half of the community (in terms of dollars) will make money while the other half will lose. That's not my thing. "


At the same time, Shiba Inu is listed on more and more crypto exchanges. For example, Bitstamp has decided to include the meme token in its offer.


And the Shiba Inu ecosystem is becoming more and more complex: The SHIB developers recently announced the imminent launch of a Shiba Inu game. In cooperation with the game developer William David Volk, there will soon be a mobile phone-optimized SHIB game.


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