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Shiba Inu and other cryptocurrencies are now accepted by player prop daily fantasy sports and Esports platform, ThriveFantasy. In a release, ThriveFantasy announced its partnership with FTX to allow crypto transactions on the platform.
ThriveFantasy is a daily fantasy sports and esports app for player props. Thrive offers contests for traditional sports such as the NFL, NBA MLB, PGA, NHL, soccer and cricket, along with esports titles such as Dota 2.
FTX listed SHIB in May 2021 following its impressive rally. Bitcoin, Ethereum, Solana, Uniswap and Dogecoin are among several cryptocurrencies supported by FTX.
Shiba Inu acceptance has also gained traction via BitPay as several companies such as SlingTV, American Cancer Society, Newegg, Menufy, Carolina Hurricanes and Twitch are accepting SHIB via BitPay at the moment.
As reported by U.Today, other companies accepting SHIB along with other cryptocurrencies are U.S.-based logistics company NOYACK Logistics Income, subscription management software company Ubersmith, Bake N More cafe based in Dubai and several more.
Shiba Inu's recent developments
The recently launched Shiba Inu burn portal continues to gain immense momentum. As covered by U.Today, more than 15 billion tokens have been burned as SHIB owners burned their tokens en masse. As stated on the burnshibaswap website, scarcity (created by burning) can increase the price of the tokens, benefiting investors, yet it is not always guaranteed.
? JUST IN: $SHIB @Shibtoken has flipped #FTX Token for biggest holding by dollars among top 100 #ETH whales
— WhaleStats - BabyWhale ($BBW) (@WhaleStats) April 26, 2022
Check the top 100 whales here: https://t.co/N5qqsCAH8j
(and hodl $BBW to see data for the top 5000!)#SHIB #FTX Token #whalestats #babywhale #BBW pic.twitter.com/YrXRQ9HMBX
Shiba Inu dipped to lows of $0.0000225 on April 26 before a slight rebound to $0.0002399. Now, SHIB is trading at $0.0000232, giving whales ample opportunity to buy at a discount.
As reported by WhaleStats, Ethereum whale "BlueWhale0073" has bought another 70,000,000,000 Shiba Inu worth $1,619,800. Shiba Inu has again become the biggest token by USD value for whales.
Denys Serhiichuk
U.Today Editorial Team
Vladislav Sopov
Dan Burgin