Shiba Inu records another major listing that could send prices soaring

shiba inu scored again Major listings like paypal Users in the United States can now purchase dog-themed cryptocurrency through MoonPay, opening a new avenue for adoption. Potentially spurring price increases.

PayPal partners with MoonPay for Shiba Inu access

American multinational financial technology company PayPal strategic partnership MoonPay, a cryptocurrency payment platform, allows users in the United States to access cryptocurrency assets like Shiba Inu. MoonPay has done something exciting. presentation X (formerly Twitter) has revealed that PayPal can now offer seamless fiat-to-crypto transactions within the United States.

Integrating MoonPay’s services into PayPal is an important milestone for the industry. Cryptocurrency Democratization in the United States. MoonPay said it will allow PayPal users to buy more than 110 cryptocurrencies, including Shiba Inu, a dog-themed cryptocurrency.

This collaboration will reach millions of users across all 50 states in the United States. Shiba Inu TokenWe present a further development of cryptocurrency. A vision for mainstream adoption. This in turn could potentially push the price of the cryptocurrency higher as it attracts new investors from different parts of the country.

Moreover, after announcing the partnership, Shiba Inu price It has risen significantly. According to CoinMarketCap, the cryptocurrency surged from $0.000022 to $0.000024 in just one day, an increase of 7.72% in the last 24 hours.

MoonPay has unveiled a new feature and outlined a process that will allow users to access its extensive library of cryptocurrencies through PayPal. MoonPay users and paypal account You can conduct online cryptocurrency transactions smoothly.

Bitcoin is now trading at $63.866. Chart: TradingView

The cryptocurrency payments platform said PayPal users will be able to fund their cryptocurrency accounts through a variety of channels, including direct bank withdrawals, PayPal balances, and debit cards.

MoonPay co-founder and CEO Ivan Soto-Wright welcomed the pivotal partnership and emphasized its importance. Expanding cryptocurrency adoption Within a familiar ecosystem.

He said MoonPay’s integration with PayPal highlights the cryptocurrency platform’s deep commitment to expanding access to cryptocurrencies through trusted networks.

MoonPay Plans to Switch PayPal Crypto Access

Shiba Inu, as well as MoonPay approve PayPal users in the United States can use Solana (SOL), Ethereum (ETH), Dogecoin (DOGE), Bitcoin (BTC), etc. The cryptocurrency services platform also stated that other cryptocurrency assets initially available on the platform, including Pepe (PEPE), Cosmos (ATOM), Toncoin (TON), and Binance Coin (BNB), will not be accessible in the United States. user.

MoonPay also revealed key benefits it will offer over PayPal over its cryptocurrency service, including flexible payment methods, wide range of cryptocurrencies, seamless onboarding, transaction speeds, and other user-friendly features.

The cryptocurrency platform also hinted that it plans to integrate PayPal into its partner network in the third quarter of 2024 (Q3), expanding opportunities for cryptocurrency adoption like Shiba Inu. Increases the value of tokens.

Featured image from Pexels, chart from TradingView