- The burn price of Shiba Inu recently surged after over 745 million tokens were burned in just 24 hours. As just a consequence of such a figure, SHIB’s burning rate jumped by about 6,700 %.
- The agency plans to spend $55 billion on purchases and investments using cryptocurrency in the coming year.As CryptoGlobe previously reported, Australian power company 1st Energy began taking cryptocurrency payments through BitPay earlier this month. DOGE and SHIB, two meme-inspired tokens, are also accepted by the agency.
- Australian power company 1st Energy began taking cryptocurrency payments through BitPay earlier this month. DOGE and SHIB, two meme-inspired tokens, are also accepted by the agency.
As part of a cooperation with crypto funds processor BitPay, the first real estate investment trust (REIT) to take cryptocurrencies for shares has also embraced the meme-inspired coins Shiba Inu ($SHIB) and Dogecoin ($DOGE).
The Agency Plans To Spend $55 Billion
According to a press release, NOYACK Logistics Earnings (NLI), a REIT that invests in supply chain real estate, is now taking a variety of cryptocurrencies for its shares via BitPay. The REIT takes BTC, BCH, ETH, LTC, WBTC, and major stablecoins like BUSD, USDP, DAI, and GUSD, as well as BTC, BCH, ETH, LTC, WBTC, and primary stablecoins like BUSD, USDP, DAI, and GUSD.
Stephen Pair, the CEO of BitPay, was reported as saying: Another example of crypto becoming popular is this. More traders are requesting that their bitcoin allocations be converted into a physical property, such as real estate. As a result of this capability, Noyack is at the forefront of various funding administrations. Pair went on to say that the market potential for crypto adoption crossing into the physical world is huge and that the agency plans to spend $55 billion on purchases and investments using cryptocurrency in the coming year.
As CryptoGlobe previously reported, Australian power company 1st Energy began taking cryptocurrency payments through BitPay earlier this month. DOGE and SHIB, two meme-inspired tokens, are also accepted by the agency.
Shiba Inu Recently Surged After Over 745 Million Tokens Were Burned In Just 24 Hours
AMC, the largest movie theatre chain in the United States, has recently added payment options for these two cryptocurrencies, thanks to BitPay, which was mentioned in an announcement from its CEO Adam Aron as helping to make this happen.
Notably, the burn price of Shiba Inu recently surged after over 745 million tokens were burned in just 24 hours. As just a consequence of such a figure, SHIB’s burning rate jumped by about 6,700 %. Token burns are accomplished by sending SHIB to unreachable addresses, thus removing tokens from circulation.
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Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
