Cryptocurrencies are on a major path to mainstream adoption in 2022 after the huge bull market we witnessed back last year. Although many popular names are still down from all time highs it doesn’t mean crypto is not still a space to be serious about this year. With the recent noise are the dog names in the crypto space traders and long-term investors are constantly searching for the best coins to get into. Shiba inu and Doge are without a doubt two of the most popular coins out there at the moment.
Newegg Commerce, Inc.: Newegg is an online retailer of computer hardware and consumer electronic goods. The corporation recently posted a message on its website that reads,
“You may have heard that we are now accepting Shiba Inu Token, but did you know that we also accept Litecoin, Dogecoin, Ethereum, Bitcoin, and other cryptocurrencies? We’ve been accepting digital currencies since 2014, when we were the first major retailer to accept Bitcoin as a payment option.”
Tesla Inc.: You may already know about this, but Tesla recently revealed that Dogecoin (DOGE) may be used to purchase products on their website. Unfortunately, the dog-themed currency cannot currently be used to purchase a Tesla vehicle.
Gamestop Corp.: The world’s largest video game store, recently announced that Dogecoin (DOGE) and Shiba Inu (SHIB) will be accepted as payment for its items. It was a foreseen step that may strengthen GameStop’s relationship with retail merchants.
AMC Entertainment Holdings Inc.: AMC CEO Adam Aron recently announced that Dogecoin and Shiba Inu will be fully integrated as payment methods by March 2022.
At the moment we think both Shiba inu and Doge could in fact be good long term holds.
Disclaimer: Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor.