New Partnership to Allow SHIB Payments at Over 1000 Merchants

Cryptocurrencies are gaining popularity day by day. The ease of making payments and the sending and receiving of funds has been one of the reasons for this popularity. Every now and then we witness payment merchants collaborating with others to incorporate cryptocurrency payments.

Read more: Shiba Inu: Burn Rate Soars by 937%, Keeping the Burn Game Up

In one of the recent announcements, it has come to light that a new partnership between CoinGate and WIX will allow thousands of merchants to accept Shiba Inu alongside 70 other cryptocurrencies. The merchants will now be able to receive payments in the popular meme coin, Shiba Inu.

Shiba Inu: When Shibarium?

The Shiba Inu team has been teasing the launch of Shibarium for over six months, and the expected launch date has not yet been revealed to the community. Shibarium is definitely going to pave the path for new developments in the ecosystem.

The launch could also be the main factor that triggers a push in the price of SHIB. As announced by the team, Shibarium will also burn more SHIB, which will help induce scarcity and boost its price.

It could also be the main factor that makes the $0.01 SHIB price a reality. At press time, SHIB is trading at $0.000009389, with a 6.72% hike in value over the last 24 hours.