- Travala’s interest in the meme coin dates back to December 2021 when it added Shiba Inu as a payment option on the site.
- Some months ago, Travala announced that the token could be used to book luxurious cars like Ferrari, Lamborghini, Rolls-Royce, McLaren, Aston Martin, and Bugatti on the site.
Shiba Inu has made huge progress since its presence in the crypto industry. According to reports, a five-star luxury hotel called W Dubai has made it possible for customers to make bookings using the token. The hotel has a private beach, and customers have the luxury to enjoy the city skyline and the Persian Gulf. This was made possible by the crypto-friendly travel website Travala.
Travala’s interest in the meme coin dates back to December 2021 when it added Shiba Inu as a payment option on the site. The website has also made it possible for users to use Shiba Inu to book over 3 million travel products worldwide. Some of these include travel packages, flights, and hotels.
Book this 5-star luxury hotel on Travala https://t.co/igAn3m8dTC with $SHIB and enjoy the private beach with views of the city skyline and the Arabian Gulf. @Shibtoken
📹itzik_balas IG pic.twitter.com/BuBE0XPdNX
— Travala.com (@travalacom) November 8, 2022
Some months ago, Travala announced that the token could be used to book luxurious cars like Ferrari, Lamborghini, Rolls-Royce, McLaren, Aston Martin, and Bugatti on the site. Shiba Inu was recently reported to have been added as a payment option on the ticket and hotel booking platform, XcelTrip. This means users in more than 70 countries can use the meme coin to book 2.3 million hotels, over 450 airlines, and car rentals.
Shiba Inu hits high acceptance rate
In addition, the SHIB BSC payment gateway was deployed by merchants of NOWPayments to allow the acceptance of wrapped SHIB tokens. The asset has also been largely accepted by whales with “BlueWhale0073 ” who is said to be ranked 494th on Whalestats purchasing 130,419,267,297 SHIB valued at $1,531,122. It was ranked among the top ten purchased tokens among the 500 biggest ETH whales who were hodling $686,057,410 worth of SHIB. IntoTheBlock has also disclosed that large transactions of more than $100,000 were up by 126 percent in the last 24 hours.
Recently, Analyst Altcoin Sherpa predicted that Shiba Inu could have a bull run soon. He disclosed to have sold 1/3 of his holdings but would still keep the remaining in anticipation of this run. According to him, Shiba Inu has the potential for better returns again.
SHIB: I’m still in this trade but I already took 1/3rd off yesterday. I’m personally going to hold it a bit longer because I think it could have another leg. The reasoning being that it looks like it’s been accumulating for a while and usually these go higher than you think.
The price could surge from the Shibarium documentation. Shiba Inu is down by 14.46 percent in the last 24 hours, and currently trading at $0.00001. Bitcoin (BTC) has also fallen by 10 percent over the same period and is trading at $17,400.