Dogecoin’s rival Shiba Inu may soon be accepted as a form of payment at a big-box movie theater chain.
AMC CEO Adam Aron said the company is exploring how to accept Shiba Inu, in addition to top cryptocurrencies such as Dogecoin and Bitcoin, according to a report by The Verge.
AMC is also toying with the idea of launching its own cryptocurrency, the report said.
Last month, Aron tweeted a poll on whether or not AMC should accept Shiba Inu — a whopping 81.4% said yes.
Currently, Shiba Inu has a market capitalization of $30.4 billion and a price tag of $0.00005553, according to real time data tracked by CoinMarketCap.
What is Shiba Inu coin?
Shiba Inu is a cryptocurrency experiment in decentralized community building, according to Crypto.com. It’s inspired to be similar to Dogecoin.
How to buy Shiba Inu coin in the U.S.
Coinbase — one of the most popular cryptocurrency trading platforms — also now supports Shiba Inu. If you sign up for a regular Coinbase account, you will also receive $5 worth of bitcoin for free upon verification of ID.
What is cryptocurrency?
Cryptocurrency is a digital asset designed to be used over the internet, according to Coinbase. It’s decentralized, meaning it isn’t controlled by the government or any other central authority such as a bank.
If you’re interested in investing in other cryptocurrencies such as Dogecoin, Bitcoin, Ethereum and Tether, here are some options to get you started:
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