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You are here: Home / Cryptocurrency News / Altcoin News / Shiba Inu’s 81M “Token Of Affection” From Wirex

Shiba Inu’s 81M “Token Of Affection” From Wirex

By Lipika Deka | Edited By Lipika Deka,August 3, 2023, 12:05 PM

Shiba Inu's 81M "Token Of Affection" From Wirex

Shiba Inu celebrated its third birthday on August 1st by unleashing a global party for the burgeoning SHIB community. With a strong return on investment [ROI] and a number of ecosystem advancements, the meme coin has hogged the limelight. One of SHIB’s payment partners dropped an exciting “gift” that bolstered the token’s adoption.

Commemorating the meme coin’s meteoric rise after 3 years, Wirex revealed that SHIB joined its platform in 2022, and the strategic alliance bore fruit by enabling its 5.5 million users to purchase, exchange, and use SHIB at more than 81 million businesses worldwide. The Shiba Inu team endorsed these claims and encouraged users of the service to do so.

Credit- CryptoWizard

Wirex was among the platforms that praised the meme token’s robust ecosystem and outstanding accomplishments. Recently, Wirex released a promotional film inviting customers to use the payment platform, spend SHIB, and earn rewards. “Spend SHIB and get rewarded instantly,” was the tagline.

For each Wirex ATM card transaction using SHIB or other crypto assets, customers can get rewards of up to 8%. More than 250 crypto assets are supported by the digital payments platform.

Continuing its monumental strides, the meme token received a scorching boost after Alchemy Pay secured a major partnership. The prominent fiat-to-crypto payment gateway forged a formidable alliance with Checkout, a reputed payment processor catering to large global enterprises.

SHIB is one of the main beneficiaries of this revolutionary collaboration. Significant adoption advances have been fueled by Alchemy Pay’s steadfast support for a number of well-known cryptocurrencies, namely SHIB.

Shiba Inu: 1.6M% ROI in 3 Years

Launched in August 2020, the Shiba Inu token has come a long way, navigating market volatility. Despite being a mere parody coin, the development team and community remain committed to developing and expanding the ecosystem

Furthermore, the popular meme coin boasts the highest ROI of any mainstream asset, despite the challenging market phase. At press time, Shiba Inu was trading at $0.00000830. This amount represents an increase of 1,627,350% from the starting price of $0.00000000051. At this rate, a $100 investment made at the time of SHIB’s inception would be worth $1.62 million.

Filed Under: Altcoin News, Cryptocurrency News

About 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.

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