Radisson Hotel to accept Shiba Inu payments in Georgia

 In a bold stride toward the fusion of hospitality and digital currency, Radisson Hotel, an esteemed global hotel group, is now accepting shiba inu (SHIB), bitcoin (BTC), and ethereum (ETH) for reservations in its Georgian branch. 

This announcement comes shortly afterward Elon Musk changed Twitter’s logo to DOGE’s one, quickly reigniting the curiosity surrounding meme tokens. 

Shibone Inu gains over 100% in 24 hours

 Shiba Inu’s meme coin competitor, Shibone Inu, is now enjoying another significant price increase when most digital currencies are seeing an abrupt decline in value. 

On March 23, the token had seen a rise of 130% over the previous 24 hours, on top of an increase of 373.31% over the past week. At press time, the token saw a slight correction.

Shiba Inu’s burn rate drops by over 99% as the price plunges

 The second-largest dog-themed cryptocurrency by market cap, shiba inu (SHIB), has grown more than 18% over the last seven days, but its price has been dropping in the past 24 hours. Moreover, SHIB’s burn rate has also plunged significantly. 

At the time of writing, SHIB is down by roughly 4% and is trading at $0.000014. Over the past 30 days, the meme coin has risen by over 65% as the total crypto market cap surpassed the $1 trillion mark, according to CoinMarketCap (CMC) data.

Shiba Inu Army Reaches New Major Milestone in Just 2 Days

According to data shared by WhaleStats platform that track the largest wallets on Ethereum and several other chains, over the past two days, the amount of SHIB holders has become several thousand bigger. The price of the meme coin has remained unaffected, though.

On average, the 100 largest wallets on Ethereum chain hold slightly more than 2 billion SHIB coins. In the meantime, SHIB adoption continues to expand. As reported by U.Today earlier, an Australia-based Shiba Wings diner I expected to open “really soon”. The restaurant is fully crypto integrated thanks to NowPayments crypto gateway and is ready to integrate Shibarium when this long-expected upgrade is ready and gets rolled out.