Another Critical Step From Shiba Inu: Mainstream Usage Will Increase!

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  • The second largest meme cryptocurrency, Shiba Inu (SHIB), has been added to the popular ATM network, following Dogecoin (DOGE) and Ethereum (ETH).

Popular cryptocurrency ATM operator Bitcoin of America has added the popular meme cryptocurrency to its list of available cryptocurrencies, according to a press release Monday. Shiba Inu (SHIB) added.

The platform’s kiosks allow the buying and selling of various altcoins, including Bitcoin, as well as Dogecoin and Litecoin.

Bitcoin of America also rolled out support for Dogecoin, the world’s largest meme cryptocurrency, last month, leading to a significant spike in the meme coin’s price.

However, Dogecoin rival failed to gain value as a result of the news. Despite the listing, the Shiba Inu is trading down 1.3 percent in the last 24 hours at the time of writing. The SHIB token is currently down nearly 70 percent from its record high and is trading at $0.00002633.

Bitcoin of America and its Kiosks

Cryptocurrency ATMs are similar to traditional teller machines. However, they usually charge double-digit fees that are significantly higher than the fees charged by popular cryptocurrency exchanges.

Bitcoin of America launched its universal kiosk a year ago, combining the features of a crypto ATM and a traditional ATM. Universal kiosks allow customers to buy crypto immediately after paying cash with their debit card.

With over 1800 BTMs in 31 states, Bitcoin of America seems to have noticed the growing popularity of the Shiba Inu and decided it was time to include it in their BTM. Bitcoin of America also offers its users Bitcoin, Litecoin and Ethereum options.

Bitcoin of America is a popular virtual currency exchange registered as a money services business with the United States Department of the Treasury (FinCEN)(RegNum). The platform is known for providing top-notch customer service as well as providing a fast and smooth transaction.

Bitcoin of America makes it easy for everyday businesses to own a Bitcoin ATM. They take care of their host location by providing passive income, increased foot traffic and marketing. They also provide customer service and maintenance/installation services.

One giant leap for the Shiba Inu

The addition of Shiba Inu to Bitcoin of America’s ATMs in the United States is expected to significantly increase the adoption of the meme cryptocurrency and its popularity is expected to increase as well. The token was also added to AMC’s list of supported cryptocurrencies last month.

Also, this new development will make it easier for investors to buy and sell SHIB and make the meme coin accessible to everyone in the United States.

Since ATMs are common people’s helpers, this move will indeed make the Shiba Inu easily accessible to everyone. The SHIB community looks forward to the impact of the announcement being felt.

The cryptocurrency is also struggling to gather some strength in 2022, after becoming one of the top-performing cryptocurrencies in 2021, turning some early adopters into multi-millionaires.


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