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Shiba Inu (SHIB) is now accepted by Binance-supported travel booking platform

2 min read

 

Shiba Inu (SHIB) was born as a memecoin and rival of Dogecoin (DOGE). Although it was created for this purpose, it didn’t stop the community from adopting the token as it did with DOGE.

This strong investor support caused SHIB to be noticed by large corporations. First, cinema chain AMC announced that it would accept the token for online ticket purchase.

Now it’s time for Travala.com, the leading blockchain-based travel booking platform supported by Binance, to do the same.

Last Tuesday (7), the platform announced support for the SHIB crypto asset. It is worth noting that, in May, the company had already announced support for Dogecoin.

Travala organized a “token battle” between FLOKI and SHIB on December 2nd. As the company explained, the cryptocurrency with the most votes after 72 hours would be listed on Travala.com.

In addition, he said that all users who voted would receive a share of $15,000 in AVA.

AVA is the native token of the Travala platform which, at the time of writing, is trading at $1.86, having depreciated 22% in the last week.

AVA price chart Source: CoinMarketCap

Likewise, the SHIB token also operates lower. In the last 7 days, the digital asset also depreciated 22%. In other words, SHIB has not yet been “impacted” by the Travala news.

 

About Travala.com

Founded in 2017, the network currently offers more than 2 million properties, covering more than 90,000 destinations in 230 countries and territories.

In May of last year, the platform announced a “strategic merger” with the leading cryptocurrency flight booking company TravelbyBit.

At the time of the merger, Binance co-founder and CEO Changpeng Zhao (CZ) said:

“Travala.com and TravelbyBit have proven their ability to build world-class travel booking platforms that the crypto community loves. We look forward to supporting you on your journey and bringing you more pervasive crypto utilities through travel.”

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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