CoinGate, a Lithuania-based payment platform, marked the first anniversary of SHIB’s launch on the platform. It commends the Shiba Inu community, the “SHIB Army,” for its strength, saying the community remains one of the most dedicated in the space.
A year ago, we welcomed SHIB to our family.
Within a year, #SHIB became the 12th most popular payment via the CoinGate crypto payment gateway.#ShibArmy is stronger than ever, being one of the most dedicated #crypto communities.
To the more years to come! 🧡 pic.twitter.com/trCURdTt4S
— CoinGate (@CoinGatecom) November 17, 2022
It further confirmed that SHIB now ranks as the 12th most popular payment method on the platform after just one year. Coingate supports over 70 cryptocurrencies, so the news is significant.
CoinGate allows businesses to accept cryptocurrency payments through invoices or an on-site payment interface. Companies can convert crypto to fiat, another cryptocurrency or simply hold the assets.
Outside of the primary crypto payment options, CoinGate also allows users to buy and sell crypto and purchase over 2,000 gift cards from retailers worldwide using cryptocurrencies.
Acceptance of cryptocurrency as payment continues to grow. As reported by U.Today, the five-star luxury hotel “W Dubai” accepts SHIB through Travala for bookings.
Shiba Inu can also be used to pay for furniture pieces at the third largest U.S. furniture retailer, Rooms To Go via BitPay.
Another Tech trench hub concept art unveiled
Within 48 hours of unveiling the first concept art for the Tech trench hub, the SHIB Metaverse has made another reveal after gathering feedback from a fireside chat.
✨ New concept art has appeared!
Tech Trench immerses you into a world of technological marvels, education, and evolutionary spectrums that embrace you into the beautiful history, innovation, projects, brands, and/or future platforms that are to enter SHIB The Metaverse. pic.twitter.com/01o0A1azy2
— SHIB The Metaverse (@ShibTheMV) November 18, 2022
The Tech Trench environment refers to that of an immersive trench that was made in ancient times and has evolved into a hyper-technological avenue.