Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Shiba Inu holders can now make a booking at five-star luxury hotel "W Dubai" with their crypto assets and enjoy a private beach with views of the city skyline and the Persian Gulf. This is made possible by Travala.
W Dubai is a hotel destination of the renowned W Hotels brand, an upscale American lifestyle hotel chain owned by Marriott International.
Hey #SHIBARMY, check out the @WHotels Dubai - The Palm💎
— Travala.com (@travalacom) November 8, 2022
Book this 5-star luxury hotel on Travala https://t.co/igAn3m8dTC with $SHIB and enjoy the private beach with views of the city skyline and the Arabian Gulf. @Shibtoken
📹itzik_balas IG pic.twitter.com/BuBE0XPdNX
Crypto-friendly travel website Travala initially added support for the Shiba Inu cryptocurrency in December 2021, allowing SHIB to be used as a payment method on its website. Aside from this, SHIB could also be used to book more than three million travel products worldwide on the site, including flights, hotels and travel packages.
As reported by U.Today, Travala announced that Shiba Inu could be used to book supercars like Ferrari, Lamborghini, Rolls-Royce, McLaren, Aston Martin and Bugatti, allowing users to get a feel for their favorite supercars.
Shib large transactions up 126% as significant amount is moved
According to IntoTheBlock, large transaction surges are typically linked to increased activity from whales, who are either buying or selling, and a transaction is generally more than $100,000. In the last 24 hours, large transactions were up 126%, suggesting a significant amount of SHIB moved in this time frame.
The crypto market is witnessing another selling bout as the majority of cryptocurrencies traded significantly lower. SHIB was not exempt from the bearish action, as it fell 7.84% to trade at $0.00001096 at press time.
According to the Shibburn Twitter handle, over 40,128,196 SHIB tokens were burned, and three transactions were made over the last 24 hours.