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SHIBA INU does not grow on positive news
Cryptocurrency Shiba Inu (SHIB) continues to consolidate slightly above $ 0.000050, ignoring positive news and overall growth in the crypto market
Nov 10, 2021
1 min read
Anna BakkerNews analyzer

On Tuesday, it became known that the Wealthsimple platform has decided to include SHIB in its ecosystem.

The largest US movie theater chain is also planning to accept the token.

Shiba Inu peaked on October 28, but has since lost more than a third of its value.

AMC, the largest cinema chain in the United States, is considering accepting the SHIB token along with other cryptocurrencies such as Bitcoin and Dogecoin, AMC CEO Adam Aron said at an investor conference, ttrcoin writes.

Last month, AMC conducted a Twitter poll whether the company should expand its list of supported cryptocurrencies. More than 80% of survey participants supported the idea of ​​including Shiba Inu on this list.

AMC made a bet on cryptocurrencies after buyers of meme shares on Reddit helped it recover from the pandemic crisis, triggering a 2,000% rise in the company's stock.

The Wealthsimple platform has included SHIB in its ecosystem, freedmanclub writes. The platform enables customers to purchase and sell cryptoassets exclusively on their own network. Robinhood also works, but this platform has not yet introduced the token into its payment system.

Previously, Shiba Inu was added to some crypto exchanges, notably Binance and Coinbase. The high popularity of the token has led to an increase in the number of wallets storing it up to 900 thousand.

According to CoinMarketCap, from October 10 to November 8, 2021, the number of Shiba Inu holders increased by 31%, from 706.8 thousand to 926.7 thousand. During the same period, the value of SHIB increased by more than 110%.

On the evening of November 7, an unknown person bought 20 trillion Shiba Inu tokens worth about $ 1.15 billion, according to data from the Etherscan service. The crypto investor paid a commission of $ 19.5 for the transaction.

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