Unstoppable Domains Now Accepts Shiba Inu (SHIB) Cryptocurrency as Payment
Unstoppable Domains, a decentralized domain registration service, has recently announced that it will accept meme-inspired cryptocurrency, Shiba Inu (SHIB), as a payment option for its services. This move comes after the company expanded its list of supported cryptocurrencies, adding popular assets such as Bitcoin, Ethereum, Litecoin, and Dogecoin.
Unstoppable Domains’ decision to accept SHIB is expected to increase the adoption of decentralized domain registration and the use of cryptocurrencies. The move follows the company’s recent expansion of its digital identity services through a new partnership with the Web3 browser, Opera.
#ShibArmy, can we get a woof? 🐕
You can now buy Unstoppable domains using @Shibtoken! 🐾
Claim your digital identity and replace your $SHIB address with a readable Web3 username: https://t.co/ikR58tDBiB pic.twitter.com/IxzpdcgsPM
— unstoppable.nft (@unstoppableweb) March 8, 2023
The recent surge in the burn rate of Shiba Inu tokens has fueled excitement among the cryptocurrency’s community, with over 410 trillion SHIB tokens burned to date, resulting in a significant increase in its value. Shiba Inu has seen a surge in its user base, with over 1.3 million users holding the cryptocurrency as of last month, ahead of the upcoming launch of the project’s layer 2 solution, Shibarium.
The addition of SHIB as a payment option by Unstoppable Domains is expected to further boost the adoption of cryptocurrencies as a mainstream payment method. With more companies accepting cryptocurrencies, the market for these digital assets is likely to grow even larger.
This move by Unstoppable Domains is expected to be beneficial for SHIB holders as it will create more avenues for them to use their tokens. The community is excited about the new cryptocurrency integrations and hopes that more companies will follow suit and accept other digital assets.
The adoption of cryptocurrencies has been on the rise, and it is expected to continue to grow as more people become aware of the benefits of digital assets. With the addition of SHIB by Unstoppable Domains, the use of cryptocurrencies is likely to become even more widespread.
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