One of the most well-liked cryptocurrencies available is Shiba Inu (SHIB). SHIB has seen a notable increase in adoption in the little more than three years since its introduction. The most recent Apcopay integration with CoinPayments could expand the asset’s potential.
Apcopay has been integrated into CoinPayments’ platform, enabling customers to pay using cryptocurrency for goods and services. One cryptocurrency that users can use for payments is Shiba Inu (SHIB). More than 1,200 businesses from 25 countries use the site. The innovation may cause SHIB adoption to soar.
The fact that SHIB clients now have access to 1200 merchants is a good development, but the asset’s price hasn’t been able to accelerate. SHIB has dropped by more than 29% since February 2023, 2.2% in the daily charts, and 4.3% in the weekly charts. Shiba Inu (SHIB) might reach $0.00001003 on February 26, 2024, according to CoinCodex.
The platform does not, however, expect pricing to hold. SHIB might soon get back the zero it erased. Changelly expects Shiba Inu (SHIB) to do similarly as well. The platform states that while SHIB might remove a zero over the weekend, prices might not hold. Changelly believes SHIB will return to zero the following week.
On another note, Mysterious Giant Grabs up 293 Billion Shiba Inu (SHIB) in Surprise Move
Shiba Inu (SHIB) Stunner: 293 Billion Tokens Acquired by Enigmatic Entity
In the past 24 hours, an unidentified large whale has unexpectedly surfaced on the Shiba Inu token scene. Around 14 hours ago, address “0xEa74” got more than 293 billion Shiba Inu (SHIB), or $2.84 million, from address “0x5aA,” according to Etherscan. The destination address is brand-new, has never been used for a transaction, and only has SHIB as its only asset.
It will become clear in the coming days by following this address if the transfer of Shiba Inu tokens to this wallet is the result of a calculated action by an unidentified major player or something else. Ultimately, though, this wallet has received more SHIB inflows than any other over the past 24 hours.
This whale is not alone, though, in its curiosity in SHIB. Trading volumes for the well-known cryptocurrency with meme influences have increased by more than 9.5% to $120.66 million during the last day, according to CoinMarketCap. This suggests that more market players are becoming interested in SHIB trading, which will provide more liquidity to the market and likely lead to an increase in volatility.