Travala, a blockchain-based travel company backed by Binance, has added support on its website for payments in Shiba Inu. The official account of the Australian crypto-forward company praised Shiba Inu supporters for winning the symbolic war he launched a few days ago through a poll, noting that SHIB is now being touted as a mode of payment on the Travala website and can be used to book over 2 million hotels worldwide and flights from over 600 airlines using the SHIB token.
While this is a big win for the ShibArmy, Travala has openly embraced crypto payments for some time now. The platform already accepts over 40 major cryptocurrencies for payments on their website. The symbolic battle of Travala between Floki Inu and Shiba Inu won nearly 4.9 million votes. Shiba Inu got some 3.4 million votes in the battle, or 69% of the total turnout. Dog coin and rival coin, Dogecoin was added to the list of available payment options in early May 2021.
Travala also has its own native AVA token, which is a multi-chain token based on the Binance Smart Chain and the Ethereum blockchain.
This is yet another case where the SHIB community continues to support the token itself and continues to push for its wider adoption on platforms that accept crypto payments. The victory comes shortly after overwhelming community support on social media convinced Kraken to include Shiba Inu on his exchange. The signup process took almost a month for Kraken to complete, but it finally happened.
Over the past few months, Shiba Inu has made more headlines than most other altcoins, including DOGE. In November, the major US movie theater chain AMC Theaters also announced that it would accept SHIB payments. Almost all of the major exchanges, including Binance, Kraken, Coinbase, and Gemini, have listed Shiba Inu for trading. It seems Robinhood is all that’s left, and the community has constantly called out the US-based exchange to make it happen.
SHIB also managed another benchmark earlier this month. The cryptocurrency has reached over a million holders despite the decline in value over the past month – a feat only a few major altcoins have achieved so far.
At the time of publication, Shiba Inu’s value was $ 0.000036 (roughly Rs 0.002723), marking a 3% drop in the past 24 hours. According to CoinGecko, the value of SHIB has fallen more than 36% in the past month.
Cryptocurrency is unregulated digital currency, not legal tender and subject to market risk. The information provided in the article is not intended to be and does not constitute financial advice, business advice or any other advice or recommendation of any kind offered or endorsed by NDTV. NDTV will not be liable for any loss resulting from any investment based on any perceived recommendation, forecast or any other information contained in the article.