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Shiba Inu (SHIB) Rumored to Be Accepted by Electronics Retailer Newegg

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Sat, 11/20/2021 - 09:46
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Alex Dovbnya
Rumor has it that Shiba Inu could be added to Newegg’s cryptocurrency payment lineup
Shiba Inu (SHIB) Rumored to Be Accepted by Electronics Retailer Newegg
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Online electronics retailer Newegg has ignited Shiba Inu acceptance rumors. 

In a cryptic tweet posted by the company, it tagged lead developer Shytoshi Kusama as well as the official Twitter account of the second-largest meme coin in order to come into contact with them. 

The Shiba Inu community immediately started speculating that Newegg might add SHIB as a new payment option. 

U.Today has requested comment from the retailer on whether it actually plans to accept the meme coin. 

In April, the electronics-focused online retailer enabled Dogecoin payments

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Newegg embraced Bitcoin all the way back in 2014, becoming one of the first major retailers in the world to do so.

Apart from Bitcoin and Dogecoin, the City of Industry-based company also accepts Bitcoin Cash, Litecoin, Ether, Wrapped BTC, Dai and four stablecoins (BUSD, USDC, GUSD and PAX).

In other news, Adam Aron, CEO of movie theater giant AMC, recently confirmed that Shiba Inu would be added to the company’s diverse suite of cryptocurrency payment options within the following four months.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.