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AMC to Begin Accepting Shiba Inu (SHIB) in the Next Quarter By DailyCoin

by Miki 11/16/2021
by Miki 11/16/2021 0 comment
AMC to Begin Accepting Shiba Inu (SHIB) in the Next Quarter
AMC to Begin Accepting Shiba Inu (SHIB) in the Next Quarter

America’s largest movie theater chain, AMC, popular for accepting ticket payments in and , has revealed that it will add (SHIB) to its list of supported cryptocurrencies.

Adam Aron, the CEO of AMC Entertainment (NYSE:), set up a poll on October 29th, asking his followers whether the theater chain should begin accepting SHIB. Of the 153,100 respondents, 87.6% voted in favor of AMC accepting SHIB.

On November 15th, AMC’s CEO announced that American-based crypto service provider Bitpay has agreed to support Shiba Inu (SHIB) at his request. He tweeted;

Although seen as a meme coin, Shiba Inu has become one of the biggest digital assets with the most adoption. The coin has recently been listed by Coinbase (NASDAQ:), Gemini, and will soon be listed on Kraken. However, judging by the tweet, the Shiba Army will have to wait at least 60-120 days before they see their assets accepted by AMC.

On the Flipside

  • While increasing the range of cryptocurrencies they accept, AMC has hinted at the possibility of launching their own cryptocurrency.

Although his Tweet hinted that AMC Entertainment would be accepting cryptocurrencies via Bitpay, the movie theater chain has only added Paypal as a payment option. What this means is that, for now at least, customers must buy their assets from Paypal as it does not support coin transfer.

Why You Should Care

When AMC Entertainment fully integrates Bitpay as a payment option, AMC Theatres could start to accept even more cryptocurrencies.

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The New Jersey Crypto News
  • Home
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    • Bitcoin
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    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

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      Learn

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  • Analysis
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      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

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      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

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