AMC Entertainment is in the process of updating its technical infrastructure to allow its customers to pay online with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Dogecoin (DOGE) for movie ticket purchases. But the thing does not stop there. In a tweet on Friday morning, Adam Aron, the CEO of the company, I ask whether users would be potentially interested in paying with Shiba Inu as well. At the time of writing, 97,582 Twitter users had already participated in the survey, and approximately 85% of the voters chose “Yes”.
The iconic chain of cinemas has recently shown a growing interest in cryptocurrencies. Last week, its CEO spoke about the possibility of issuing a cryptocurrency of the company. Earlier this month, AMC allowed your customers to buy digital gift cards with Dogecoin and other cryptocurrencies using the BitPay wallet. Already in September, Aron express his interest in minting commemorative tickets as non-fungible tokens, or NFTs, during an interview with CNBC.
On Friday, Shiba Inu surpassed Dogecoin and became the ninth largest cryptocurrency in the world by market capitalization. According to Etherscan, the daily number of Shiba Inu transactions has surpassed 140,000, just below its all-time high of 172,411 transactions recorded in mid-May.
In light of a historic rise, the Shiba Inu ecosystem has expanded to include ShibaSwap, a decentralized exchange, or DEX. The total locked value, or TVL, on ShibaSwap stands at $ 537.92 million according to data from Defi Llama. There are currently 29 coins listed on ShibaSwap, with $ 236 in trading volume in the last 24 hours, according to CoinGecko. In addition to its utility token, Shiba Inu, ShibaSwap has two additional ones. Bone ShibaSwap is used to vote on the governance protocols proposed by the developers, while Doge Killer is used to provide trading liquidity on the DEX.