The second biggest meme coin, Shiba Inu, has gained more traction. Although the launch was inspired by Dogecoin (DOGE), Shiba Inu gradually increased with more functionality for users. SHIB is attracting more attention from various global sectors with its operations and performance.
In a recent development, the Shiba Inu moved to the Portuguese market. NFT Market Tokapi has announced the adoption of SHIB for NFT transactions exclusively through BitPay.
Tokapi Integrated SHIB As A Payment Option
The Portugal-based NFT market, Tokapi, is partnership with one of the leading crypto payment processors, BitPay. The NFT market has included Shiba Inu (SHIB) among the popular crypto payment options besides Bitcoin (BTC) and Ethereum (ETH). This means that customers on the Tokapi platform can buy NFT with SHIB through the BitPay service.
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The collaboration with BitPay is in line with Tokapi’s plan to develop cryptocurrency payment options. Also, it provides NFT collectors and enthusiasts with more flexible options for purchasing NFTs. With this latest addition, Tokapi now has sixteen crypto assets as payment options on the platform.
Tokapi is an NFT marketplace headquartered in Lisbon, Portugal. It offers a user-friendly platform for buying and selling digital collections. These markets include music, digital art, clothing, and real estate.
In addition, the NFT marketplace announced the availability of an exclusive NFT edition of SeerLight by Ronald Kuang, a renowned Illustrator and Animator based in LA. Tokapi states that customers can only purchase NFT collections exclusively using Ethereum (ETH).
Also, two other popular NFT editions of Kuang, Mirage and Hunters in the Snow, are available on the Tokapi platform. The Mirage was inspired by the famous KHM architecture, while the original work of Pieter Bruegel inspired the latter.
SHIB Price Action
Shiba Inu is one of the crypto tokens with increased growth recently. Launched in 2020, Shiba Inu ranks as the second largest meme coin after DOGE.
At press time, SHIB was trading at $0.00001065 after falling 1.36% in the past 24 hours. According to data from CoinMarketCap, Shiba Inu has a market capitalization of $6.25 billion, ranking as the top 14 crypto asset. Also, SHIB has a 24-hour trading volume of more than $205 million, representing a 34.93% decrease. The market dominance is 0.54%.
SHIB’s price was down over the past seven days and 30 days by 1.33% and 16.56% respectively. However, SHIB has risen 23.87% over the past 90 days.
Also, the Shiba Inu has witnessed a surge in social activity. According to report of the Lunar Crash, SHIB’s social activity reached a three-month high of 47,880. Now, SHIB rank is the 4th top crypto by Twitter, with around 3.6 million followers on its official page.
Featured images from Pexels and charts from Tradingview.com