Admin Source : Gadgets 360
Travala, a blockchain-based travel company backed by Binance, has added support on their website for payments in Shiba Inu. The Australia-based crypto-forward company’s official account tweeted congratulations to Shiba Inu supporters for winning the token war it put up a few days ago by way of a poll, noting that SHIB is now featured as a payment method on Travala’s website and can be used to book over 2 million hotels worldwide and flights from more than 600 airlines using the SHIB token.
While it is a big win for the ShibArmy, Travala has openly embraced crypto payments for a while now. The platform already accepts more than 40 major cryptocurrencies for payments on their website. The Travala token battle between Floki Inu and Shiba Inu gained close to 4.9 million votes. Shiba Inu got some 3.4 million votes in the battle — accounting for 69 percent of the total turnout. Fellow dog coin and rival meme coin, Dogecoin was added to the list of available payment options in early May 2021.
Travala also has its own native token AVA, which is a multi-chain token based on the Binance Smart Chain and the Ethereum blockchain.
This is yet another instance where the SHIB community continues to support the meme token and keeps pushing for its wider adoption across platforms that accept crypto payments. The win comes shortly after the community’s overwhelming support on social media convinced Kraken to list Shiba Inu on its exchange. The listing process did take close to a month for Kraken to complete, but it did eventually happen.
For the last few months, Shiba Inu has been in headlines more than most other altcoins, including DOGE. In November, major US movie theatre chain AMC theatres also announced that it would accept SHIB payments. Almost all major exchanges including Binance, Kraken, Coinbase, and Gemini have listed Shiba Inu for trading. It seems that Robinhood is all that’s left, and the community has been consistently calling out the US-based exchange to make it happen.
SHIB also managed another landmark earlier this month. The cryptocurrency reached over 1 million holders despite the dip in value over the past month — a feat only a few major altcoins have achieved so far.
At the time of publishing, Shiba Inu’s value was at $0.000036 (roughly Rs. 0.002723), marking a 3 percent dip over the past 24 hours. As per CoinGecko, SHIB’s value has dipped more than 36 percent over the past month.
Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.
