AMC Theatres CEO Reportedly Considering Shiba Inu as Ticket Payment Option
AMC Theatres is on the verge of integrating the option for customers to pay for movie tickets using Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Dogecoin (DOGE), into its technical infrastructure. But that’s not all.
In the early hours of Friday, company CEO, Adam Aron took to his Twitter page to ask if users would be potentially interested in paying with Shiba Inu as well. At the time of writing, more than 98,000 Twitter users had already taken part in the poll, with approximately 86% of voters indicating their interest.
The prominent AMC theatres chain has been showing serious interest in crypto in recent times. Just a week ago, the CEO was discussing the potential of issuing a company-specific crypto. Earlier this month as well, AMC enabled its users to purchase digital gift cards via Dogecoin and other cryptocurrencies with the use of BitPay wallet. Last month whole speaking in an interview with CNBC, Aron also expressed interest in minting commemorative movie tickets as NFTs.
Meanwhile, Shiba Inu overtook Dogecoin on Friday, to become the world’s ninth-largest cryptocurrency in terms of market capitalization. Whereas, Etherscan also revealed the daily number of Shiba Inu transactions has surpassed 140,000, just a little below its all-time high of 172,411 daily transactions that was achieved back in n May.
Following the Shiba Inu’s recent record run-up, its ecosystem has now expanded to include ShibaSwap, a decentralized exchange DEX. Data from defillama says that total value locked on ShibaSwap amounts to $537.92 million. And according to CoinGecko, there are currently no fewer than 29 coins listed on ShibaSwap, with $236 million worth of coins or thereabouts, changing hands in the last 24 hours.
Now, other than its foundational token, Shiba Inu, ShibaSwap also features two more tokens. There is the Bone ShibaSwap, which is used in voting on governance protocols put forward by developers. Then there’s the Doge Killer, used in providing trading liquidity on the DEX.
- Expert Flags Pi Network Team as Source of Selling Pressure After Reported 1.2M PI Dump
- Ripple’s Chris Larsen Expands XRP Realized Profit to $764M Amid Evernorth Deal
- Just In: Hyperliquid Strategies Eyes $1B Capital Raise, Plans HYPE Token Accumulation
- Senators Reaffirm Commitment to Market Structure Bill After Meeting with Coinbase, Ripple
- How the Crypto Market Could React to the Next Fed Meeting on October 29?
- XRP Price Classical Pattern Points to a Rebound as XRPR ETF Hits $100M Milestone
- Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK
- Pi Network Price Wedge Signals a Rebound as Key Upgrades Raise Utility Hopes
- Solana Price Eyes $240 Recovery as Gemini Launches SOL-Reward Credit Card
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
