Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem.
En medio de movimientos de ballena, el procesador de pagos BitPay se integró con Shiba Inu. Algunos reportes sugieren que los creadores de la estafa del ‘Juego del Calamar’ están comprando SHIB.
It seems that the whales of crypto space are accumulating extraordinary amounts of thetoken a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. strictShiba Inu (SHIB), and some reports suggest that investors include the creators of the infamous SQUID token, inspired by the South Korean series “The Squid Game“. Meanwhile, SHIB payment adoption announcements continue.
BitPay Processor adopts SHIB
El principal procesador de pagos con criptomonedas BitPay bitPay is a Bitcoin payment service provider. has started accepting SHIB. This was informed by the company in a press release shared via its official Twitter account an account is essentially a whose purpose is to track the financial activities of a specific asset/ this week. “We are pleased to announce that consumers can now pay and merchants can accept Shiba Inu (SHIB) immediately for payments.”they wrote in a tweet.
ATTENTION: #shibarmy , we’re excited to announce consumers can now pay and merchants can immediately accept Shiba Inu (SHIB) for payments. Read more: https://t.co/xnWbmqMdzX #SHIB #shibainu #cryptopic.twitter.com/zCretwh87S
— BitPay (@BitPay) December 9, 2021
According to the official statement,BitPay has integrated the ERC-20 tokens designed and used solely on the Ethereum platform. Shiba Inu token into its wallet a place where cryptocurrency users can store, send and receive digital assets. application that allows storing, buying, exchanging and spending cryptocurrencies. The move gives the company’s various business customers the option a contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price. to easily add support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. for SHIB as a means of payment. It also allows users to pay with the meme currency currency is a medium of exchange that defines value. at thousands of merchants.
Eltoken meme has now joined the list of cryptocurrencies supported by the platform, includingBitcoin, Ether the form of payment used in the operation of the distribution application platform, Ethereum. yDogecoin.BitPay offers its users the possibility to buy gift cards with cryptocurrencies to use in hundreds of stores and businesses. Also the cardholders of theBitPay will now be able to spend their SHIB tokens anywhere SHIB tokens are accepted.Mastercard.
The news of adoption comes shortly after the cinema chain AMC had announced the addition of SHIB to its payment methods for tickets and other products. Also the online electronics store,Newegg he said recently support for payments in that cryptocurrency. Now both merchants will be able to acceptShiba Inu via the payment processorBitPay.
Shiba Inu records whale a term used to describe investors who have uncommonly large amounts of crypto, especially those with enough funds to manipulate the market. movements
Meanwhile, some metrics suggest that whales are accumulating large amounts of SHIB.
As reported byU.Todaythe cryptographic whale trackerWhaleStats reportó on Thursday that the Ethereum a decentralized open-source blockchain with smart contracts functionality. whale named ‘Jiraiyabought an amount of 99 billiontokensShiba Inu worth approximately $3.5 million. The tracker’s Twitter account indicated that this address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. is the 17th largest among the 1,000 richest wallets in the world.Ether (tracked).
Other whales also seem to be following the same buying and accumulation actions. WhaleStats reportó this Friday that another address, identified as ‘Hulk’, has also been acquiring SHIB coins to currently hold over 13 billion tokens valued at USD $463 million.
It is worth remembering that cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. the term ‘whale’ refers to an individual, organization or wallet address that owns many funds of a cryptocurrency (a sufficiently large amount, capable of causing significant price movements in the market).
In general, the action of buying currencies en masse is interpreted as a bullish signal, as investors buy on the downside in expectation of higher prices in the future. However, accumulation could also indicate intentions of price manipulation in the market.
SQUID scam a scheme that is designed to dupe people out of cash or crypto. creators buy SHIB?
According to another report, quoted byFinboldthe creators of thetoken SQUID, inspired by the popular Netflix series “Squid Game“, translated into Spanish as “The Squid Game“, se han sumado a las ballenas de Shiba Inu tras comprar cantidades masivas del token.
An unofficial Twitter account ofSHIBArmya community that advocates for the widespread adoption of the doggy currency, reported that an address linked toSquid Game bought 3 million SHIB tokens worth USD $125 million. The team said the funds were sent through multiple wallets and expressed concerns that there may be price manipulation.
Wormhole findings lol. Is the 3 trillion shib whale actually the squid game creators that scammed people. I followed the transactions it goes through so many wallets but the very first wallet it leave is a squid game wallet. Think we may have a manipulator. #SHIBArmy none pic.twitter.com/lRovlgqwsn
— r/SHIBArmy (@r_SHIBArmy) December 8, 2021
As reported byDiarioBitcoinSQUID emerged late as the unofficial cryptocurrency of the acclaimed South Korean series and quickly became very popular in the crypto market an area or arena, online or offline, in which commercial dealings are conducted. rising over 40,000% in price in a move that practically replicated the worldwide fame of the show. However, the project ended up being declared as a scam after the investors found themselves unable to sell thetoken. The founders of the project also dropped out and SQUID collapsed. price.
Now, it seems that the creators behind SQUID have decided to use the profits from the scam to accumulate SHIB. Although it should be noted that the official Shiba Inu Twitter account hasn’t made any announcement about it.
Whale’s accumulation of Shiba Inu tokens comes on the heels of a drop in market cap for that cryptocurrency. The doggy coin a coin can refer to a cryptocurrency that can operate independently or to a single unit of such cryptocurrency. has seen its prices fall over the past few weeks amid widespread bearish movement in the market. By the time of editing, SHIB is trading at USD$0.000034, down 3.4% in the last 24 hours.
- Exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. Bitstamp adds Shiba Inu to trade with dollar and euro
- Reports reveal crypto whales bought about BTC 67,000 when Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. hit USD $42,000 per unit
- Shiba Inu is accepted by Travala Travel Platform a place to buy, sell and store cryptocurrency
Article by Hannah Estefania Perez /DiarioBitcoin
Imagen de Unsplash