Shiba Inu has been gaining attention recently due to its growing ecosystem and expanding influence in the crypto market. It is no wonder that the cryptocurrency has been garnering the attention of the right people. It looks like Shiba Inu is on the cusp of a breakthrough partnership that could see it rise to being one of the financial giants.
Shiba Inu Community's Efforts to List on PayPal
The Shiba Inu Community has been quite busy recently. This community knows how to get things done when it comes to big platforms listing SHIB. It looks like they have now set their sights on financial giant PayPal. On February 18, a member of the Shiba Inu Community asked PayPal whether they accept SHIB as a method of payment. According to PayPal's reply, the company support account simply replied to the Tweet asking the Tweeter to tell their friend to contact PayPal via direct message to make that inquiry.PayPal's Crypto Market Presence
PayPal is not new to the crypto market. As far back as October 2020, the company announced that it would be allowing its users to buy and sell cryptocurrencies on its platform. PayPal eventually took things further by allowing its users in the United States to be able to transfer some select cryptos outside of its platform.PayPal's Connection with Shiba Inu
PayPal supports ETH, which is the native coin for the blockchain that Shiba Inu is built on. This move happened just late last year and it was thanks to a partnership with Metamask. The partnership now allows its users to purchase ETH directly and transact on the Ethereum blockchain as well. According to a recent announcement by Metamask, PayPal users will soon be able to purchase Ethereum directly using the online payments platform.Elon Musk's Connection with PayPal and Shiba Inu
Elon Musk, one of the founders of PayPal, has an interesting relationship with Shiba Inu. His actions seem to spark a positive effect on SHIB. This could be significant because if PayPal makes any announcement in regard to SHIB, it would be great for its price.Conclusion
In conclusion, it seems that Shiba Inu could be partnering with PayPal. While this is not confirmed, the fact that PayPal has shown an interest in cryptocurrencies, specifically ETH, and that it supports the blockchain that Shiba Inu is built on, suggests that it is a possibility. If this partnership does happen, it would be significant for both Shiba Inu and PayPal. It could lead to a breakthrough for the cryptocurrency and could also mean an increase in adoption and usage of cryptocurrency as a whole. As always, it's important to keep an eye on the latest news and developments in the crypto market to stay up to date with the latest happenings
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