Travala, a travel booking service, has announced that it now accepts Shiba Inu (SHIB) as payment.
As Memecoin wins the token battle, Travala begins accepting Shiba Inu. In a tweet, the travel firm revealed that its platform now accepts memecoin SHIB as a payment method.
Travala is a blockchain-based travel booking platform that takes a variety of cryptocurrencies as payment. Binance, the largest cryptocurrency exchange by trade volume, has backed the platform.
Users may book flights and hotels using standard means such as credit cards in addition to cryptocurrency. The portal now allows customers to book over three million travel goods globally. Travala sponsored a community poll on their website on December 2nd to determine which cryptocurrency the platform should integrate next.
In this so-called “token fight,” users may choose Shiba Inu and Floki Inu. There was also a prize for voting, as stated on the website: “ALL users who vote for either token will get a portion of $15,000 in AVA, which will be distributed in line with the votes cast.” The poll resulted in a convincing victory for SHIB.
Shiba Inu is the 77th cryptocurrency to be listed on the marketplace. Dogecoin, SHIB’s rival memecoin, was introduced to the platform earlier this year.
“Congratulations to @Shibtoken for winning the Travala token war,” the firm declared on Twitter. “$SHIB is now accepted as a payment method on Travala.com for booking over 3 million travel goods globally.”
Shiba Inu adoption has lately made tremendous progress, and Travala’s acceptance is another step in that direction. Newegg stated last month that the tech-focused shop would soon begin taking the memecoin. AMC Theatres previously stated that the cinema company would accept SHIB payments beginning next year.
Gemini, a renowned cryptocurrency exchange, just added SHIB on its platform. Bitstamp, another exchange, has also added the memecoin to its listings.
Shiba Inu’s price is now hovering at $0.00003694, down 13% in the previous seven days. The cryptocurrency has lost 33% of its value in the last month.
Previously, SHIB was removed from the list of the top ten cryptocurrencies by market capitalization. The cryptocurrency is currently ranked 13th, two spots below DOGE.
Here’s a chart showing the memecoin’s price movement over the last five days:
