The Travel booking website, Travala, has announced that it is now accepting Shiba Inu (SHIB) as a method of payment.
Travala Starts Accepting Shiba Inu As Memecoin Wins The Token Battle
The travel company has announced in a tweet that its platform is now accepting memecoin SHIB as an option for payments.
Travala is a blockchain-based travel booking website that accepts a wide range of cryptocurrencies as a mode of payment. Binance, the number one crypto exchange by trading volume, backs the platform.
Besides crypto, users can also use traditional methods like credit cards for booking flights and hotels. Currently, the platform allows users to book over three million travel products worldwide.
On 2nd December, Travala held a community vote on their website to decide which crypto the platform should add next.
Users had the option of choosing between Shiba Inu and Floki Inu in this so-called “token battle.” There was also a reward for participating in the vote, as the website noted “ALL users who vote for either token will receive a share of $15,000 in AVA, which will be dispersed in accordance with the votes cast.”
The result of the vote was a win for SHIB with quite some margin.
SHIB wins the vote by a margin | Source: Travala
Shiba Inu has now become the 77th crypto to be listed on the platform. SHIB’s rival memecoin, Dogecoin, was already added to the website earlier in the year.
“Congratulations to @Shibtoken for winning the token battle on Travala,” said the company on Twitter. “$SHIB is now listed as a payment method method on Travala.com to book over 3M travel products worldwide.”
Shiba Inu has made immense progress in terms of adoption recently, and Travala accepting it is another step in support of it.
Last month, Newegg announced that the tech-focused retailer will soon start accepting the memecoin. Earlier, AMC theatres also said that the cinema chain will add SHIB payments next year.
The popular crypto exchange Gemini also listed SHIB on its platform recently. Just yesterday, another exchange, Bitstamp, added the memecoin to its listings as well.
At the time of writing, Shiba Inu’s price floats around $0.00003694, down 13% in the last seven days. Over the past month, the crypto has lost 33% in value.
Related Reading | Majority Of Shiba Inu (SHIB) Holders Remain In Profit Despite Downtrend
Earlier, SHIB dropped out of the top ten cryptocurrencies by market cap list. Right now, the crypto stands at 13th, two spots below DOGE.
Here is a chart that shows the trend in the price of the memecoin over the last five days:
SHIB's price has mostly moved sideways in the last few days | Source: SHIBUSD on TradingView
Featured image from Unsplash.com, chart from TradingView.com