Shiba Inu: Crypto.com’s Sneaky Promotion Goes Viral

Crypto.com has put Shiba Inu at the forefront, along with Bitcoin, showcasing the popular meme token on the Google Play Store and App Store, the two most influential and widely used platforms for mobile applications. While doing so, the leading exchange has silently propelled the coin’s promotion, thereby boosting its adoption. One enthusiastic commentator wrote, “True power and raw, unseen dominance are coming like nobody has ever seen before. Only the smart ones know.”

It’s no secret that both Google and Apple Play enforce stiff commissions to just be featured in the top 10 lists. Google, for one, demands a 30% cut from app developers who earn over $1 million annually and 15% from those making less. The search engine giant also charges a one-time $25 registration fee for the developer account. On the other hand, Apple mandates a 30% commission on the sale of NFTs through in-app purchases. It has also declared that it would charge an “Apple Tax” of up to 30% on NFTs sold within iOS apps.

Recently, Solana founder Anatoly Yakovenko shed light on the duopoly, referring to dominant platforms [app stores]. Yakovenko suggests there is a slim, albeit tangible, chance for crypto rails to evolve rapidly and disrupt the established duopoly business models. Crypto.com’s move to promote Shiba Inu on Google and Apple mobile stores, though subtle and understated, will lay the groundwork for increased involvement of digital assets in the mainstream.

Shiba Inu Poised For A Bullish Breakout

With regards to the meme token’s price, popular analyst Ali Martinez has provided new information on the price trajectory of SHIB, which is quickly gaining popularity for its recent outstanding surge. On the 4-hour price chart of SHIB, Martinez highlighted a symmetrical triangular pattern, an indicator of a bullish breakout if the price rises above the $0.000038 resistance level.

According to Martinez’s analysis, there’s a likelihood of a bullish scenario unfolding if SHIB breaks above the upper boundary of the triangle formation, potentially leading to a rise to $0.000052.

Meanwhile, Shiba Inu is set to roll out the beta version of its play-to-earn game, Shiba Eternity. As per the latest update shared by notable SHIB member Mazrael, the gaming team has successfully fixed bugs that remained in the Playside build. These fixes will be extended to the mobile version along with other improvements in the coming patch.

Lipika Deka: Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.