Portuguese NFT Marketplace Joins Shiba Inu Craze, Enables SHIB Payments
The second biggest meme coin, Shiba Inu, has gained more traction recently. Although its launch was inspired by Dogecoin (DOGE), Shiba Inu has gradually risen with more features for users. SHIB is attracting more attention from various sectors globally with its operation and performance.
In a new development, the Shiba Inu is moving into the Portuguese market. An NFT marketplace Tokapi has announced to adopt SHIB for exclusive NFT transactions through BitPay.
Tokapi integrated SHIB as a payment option
The Portugal-based NFT marketplace, Tokapi, is partnership with one of the prominent crypto payment processors, BitPay. The NFT marketplace 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 NFTs with SHIB through BitPay services.
Related Reading: ChatGPT Can Now Surf the Internet – What This Means for Crypto
The partnership with BitPay aligns with Tokapi’s plans to expand cryptocurrency payment options. It also gives NFT collectors and enthusiasts more flexible options for purchasing NFTs. With this latest addition, Tokapi now has sixteen cryptoassets as payment options on its platform.
Tokapi is an NFT marketplace headquartered in Lisbon, Portugal. It offers an easy-to-use platform for buying and selling digital collectibles. The marketplace covers music, digital art, clothing and real estate.
In addition, the NFT Market announced the availability of SeerLight’s exclusive NFT Edition by Ronald Kuang, the renowned LA-based illustrator and animator. Tokapi stated that customers could only purchase the NFT collection solely using Ethereum (ETH).
Kuang’s two other popular NFT releases, Mirage and Hunters in the Snow, are also available on the Tokapi platform. The Mirage was inspired by the prominent KHM’s architecture, while Pieter Bruegel’s original work inspired the latter.
SHIB Price action
Shiba Inu is one of the crypto tokens with increasing growth recently. Shiba Inu was launched in 2020 and ranks as the second largest meme coin after DOGE.
At press time, SHIB is trading at $0.00001065 after falling 1.36% in the last 24 hours. According to data from CoinMarketCap, Shiba Inu has a market cap of $6.25 billion, ranked as the 14th best crypto asset. Moreover, SHIB has a 24-hour trading volume of over $205 million, which shows a fall of 34.93%. The market dominance is 0.54%.
The price of SHIB fell over the past seven days and 30 days by 1.33% and 16.56% respectively. However, SHIB rose by 23.87% in the last 90 days.
The Shiba Inu has also witnessed an increase in social activity. according to report from Lunar Crash, SHIB’s social activity reached a three-month high of 47,880. Currently, SHIB ranked as the fourth top crypto after Twitter, with approximately 3.6 million followers on the official site.
Featured image from Pexels and chart from Tradingview.com
