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Benzinga
Benzinga
Business
Samyuktha Sriram

Shiba Inu Tails Dogecoin To Reach 1,800 Bitcoin Of America ATMs Across US

Shiba Inu (CRYPTO: SHIB) will now be available at 1800 cryptocurrency ATMs across 31 states in the U.S.

What Happened: Popular Bitcoin (CRYPTO: BTC) ATM operator Bitcoin of America said on Monday that it had added support for meme-based cryptocurrency Shiba Inu.

The addition comes after the ATM operator added Dogecoin (CRYPTO: DOGE) to its list of supported cryptocurrencies last month. It also supports Bitcoin, Ethereum (CRYPTO: ETH), and Litecoin (CRYPTO: LTC) in all of its locations.

According to Bitcoin Of America, the decision to add support for SHIB was after the firm recognized its growing popularity.

Like Dogecoin, Shiba Inu has also seen a number of companies accepting it as a means of payment including AMC Entertainment Holdings Inc. (NYSE:AMC) and GameStop Corp. (NYSE:GME).

See Also: How To Buy Shiba Inu (SHIB)

Last week, Shiba Inu’s developers revealed more details about its upcoming metaverse project. The team believes that its upcoming virtual world way lay the foundation for more utility in the months to come.

Price Action: According to data from Benzinga Pro, SHIB was trading at $0.00002681, up 1.81% in the last 24 hours. DOGE was trading at $0.15, gaining 5.37% over the same period.

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