**Shiba Inu Gains Major Exposure in US Market through PayPal and MoonPay Partnership**

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

A significant development has taken place in the world of cryptocurrencies as Shiba Inu secures a vital listing on PayPal in the US, thanks to a collaboration with MoonPay. This partnership has the potential to drive the price of Shiba Inu up and increase its adoption among users.

Collaboration between PayPal and MoonPay Benefits Shiba Inu

By joining forces with MoonPay, an established crypto payment platform, PayPal has made it easier for users in the US to access various cryptocurrency assets, including Shiba Inu. This move signifies a major step forward in making cryptocurrencies more accessible to Americans, as PayPal now offers seamless transactions between fiat currency and crypto assets, with MoonPay facilitating the purchasing of over 110 different cryptocurrencies, including Shiba Inu.

Impact on Shiba Inu and the Crypto Market

The partnership opens up Shiba Inu to a vast user base across all states in the US, potentially leading to an uptick in the cryptocurrency's price as new investors enter the market. Following the announcement of the collaboration, the price of Shiba Inu saw a notable increase from $0.000022 to $0.000024 within just one day, representing a 7.72% surge in value over a 24-hour period. MoonPay's streamlined process for PayPal users to acquire a wide range of cryptocurrencies further aids in the adoption of Shiba Inu and other digital assets.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC Launches Initiatives to Enhance Access to Financial Markets

MEXC has launched several initiatives, including the Trade Wall Street, Without Walls campaign, to enhance access to traditional financial markets.

user avatarRajesh Kumar

MEXC Introduces Stock Trading Handbook for Crypto Traders

MEXC has launched the Stock Trading Handbook to assist crypto traders in transitioning to the stock market as part of its Opportunity Compass initiative.

user avatarLucas Weissmann

KalshiEX Seeks Approval for Perpetual Security Futures

KalshiEX has filed a proposal with the SEC to introduce perpetual security futures linked to 58 stocks and ETFs.

user avatarFilippo Romano

US Dollar Strengthens Its Dominance in Forex Market

The US dollar's share in the forex market has increased to 89%, defying challenges from rival currencies.

user avatarEmily Carter

Cipher Mining Expands into High-Performance Computing and AI Infrastructure

Cipher Mining is leveraging its mining business assets to enter the high-performance computing and AI infrastructure market.

user avatarTomas Novak

REX Shares Launches TREX 2X Long Strive Daily Target ETF

REX Shares has launched the TREX 2X Long Strive Daily Target ETF, aiming to deliver 200% of the daily performance of Strive Asset Management shares influenced by its Bitcoin treasury.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.