Tesla To Accept Shiba Inu Coin and will hit $0.1 Today!!
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Elon Musk has once again done his magic. Thanks to the latest tweet of Tesla and Space X founder, the prices of Shiba Inu coin and various other cryptocurrencies are facing a surge. And there is solid pressure on Tesla to accept Shiba Inu coin as payment option by the Shiba Inu investors and other crypto space partners. The current rise of Shiba Inu’s price indicates that it will hit $0.1 very soon.
Tesla, MicroStrategy, and Square have already declared Bitcoin as a payment option for sale/purchase on their platforms. Furthermore, accepting Bitcoin as a payment option opened new venues for other cryptocurrencies to be taken as valid payment options. Shiba Inu is the prominent crypto coin among thousands of other cryptocurrencies to be accepted as a payment option.
There is a long list of social media companies, e-commerce websites, travel agencies, and many tech-driven corporations accepting cryptocurrencies for payments, and many CEOs are rethinking the use of these cryptocurrencies in their companies to join the crypto space.
El Salvador is the first country that recently declared Bitcoin as the legal tender of their country. The Legislative Agency of El Salvador passed the Bitcoin law on June 8, 2021, proposed by President Nayib Bukele, and declared Bitcoin their national currency on September 7, 2021.
It was one of the biggest milestones for cryptocurrencies, which made the business tycoons rethink and consider the importance of cryptocurrency’s influence in the emerging business world.
Accepting Bitcoin as legal tender provoked the Shiba Inu investors and holders to put more effort into Shiba Inu to be accepted by iconic e-commerce and business companies. In this regard, Daniel Hidalgo initiated a petition on the famous petition website Change three months ago.
In his petition, Daniel requested Tesla and its founder Elon Musk to accept the Shiba Inu coin as payment as they are already accepting Bitcoin. Shiba Inu coin will prove a great success for Tesla and its investors, Daniel added in his petition. He also requested Tesla to use the great profit potential of the Shiba Inu coin to develop its business.
Shiba Inu coin has a great, well-organized community of Shiba Inu investors and holders. 60K+ SHIB community is usually named as Shiba Army, which makes collective efforts to support their lovely coin.
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