Shiba Inu sees another mainstream adoption, thanks to this integration by AlphaTopup, a top-up service provider for Web 3.0 businesses.
SHIB tokens, as per the announcement post, will be used for powering up users’ phones or making online purchases in AlphaTopup.
Not just limited to mobile top-ups, SHIB holders can shop online in the forthcoming SHIB Metaverse
Alpha Mobile boasts more than 150 million customers worldwide through its partner network, providing a seamless mobile top-up experience.
According to its website, a network of more than 1200 international mobile providers from 160 different countries has been linked to its system.
Shiba Inu’s quest for mainstream adoption continues to gain new impetus
Not long ago, the popular memecoin gained acceptance in a Swiss-based mobile internet provider.
Through Binance Pay’s new partnership with Yesim, a leading supplier of eSIM plans, Shiba Inu users can utilize their assets to purchase eSIM data plans.
On the price front, the token remains trapped in a bearish mood.
After tumbling to a four-week low, SHIB’s value reached the “FTX Low.” The price level referred to here is around $0.0000082 which is where the altcoin price was when one of the biggest crypto exchanges, FTX, announced its bankruptcy in November of last year.
Over the course of these six months, the price of SHIB managed to increase by 94% before plunging once more to its all-time lows.
Investors’ skepticism regarding the asset’s marketability has increased as a result of the drop.
Some critics like Mason Versluis, founder of Gold Squad have cast doubts on SHIB’s chances of hitting ATH again.
Critics Bet On Shiba Inu’s Chances Of Hitting ATH
Versluis said that SHIB’s token price might never rise over $0.00008845 while others felt that it “would take some groundbreaking utility and FOMO.”
Shiba Inu’s price is currently trading at $0.000008607, down by 2.7% in the past 24 hours after falling by more than 13% over the weekly index.
However, SHIB has a robust developer community and other important stakeholders striving to expand the meme coin’s visibility outside of the cryptocurrency space.
Supporters of the memetoken continue to place their faith in the ecosystem’s numerous projects, which they feel will take the asset to new heights.