- SHIB to be used in paying for flights and hotel booking
- XcelTrip has partnered with SHIB as a payment method in their platform
- SHIB continues to expand to other markets and services.
Shiba Inu (SHIB), will now be used to pay for flights and to book hotels. The memecoin that is listed in Kikaren, Gemini, and Trivala exchange platforms, is now expanding its market and spreading its influence across the globe.
Through its partnership with XcelTrip, a decentralized ticket and hotel booking platform, SHIB lovers can now pay for flights on over 450 airlines and book over 2.3 million hotels. The SHIB users can also pay for renting cars in approximately 70 countries.
The Shiba Inu moves to tap new markets
Through this partnership, XcelTrip has now joined the big boys in the luxury and hospitality business competing with the likes of Tag Heuer and Gucci.
XcelTrip had earlier teased an effort to enable SHIB integration into their website. More companies and exchange platforms are expected to follow suit by incorporating SHIB in their methods of payment.
According to some reports, which have been taken as rumors, representatives from SHIB have teased a possible partnership with Red Bull. The partnership will certainly boost the popularity of SHIB and their fans will be pleased with the idea of teaming up with the famed energy drink maker.
It was just recently, on 23rd May 2022, when Shiba Inu announced that they would be bringing in Marcie Jastrow to join their metaverse team. The metaverse project aims to strengthen the Shiba Inu community’s influence.
Shiba Inu’s price shows no improvement
However, despite the welcoming news on expansion and new partnerships, the price of the token continues to decline.
Neither the expansion in industry or recruitment of experts in the entertainment industry nor deals with big brands in the crypto market can stop the decline of SHIB tokens.
The price of tokens is mainly determined by the status of the market. Currently, the general state of the crypto market is worrying as prices continue to tanker as such is the volatility aspect of the markets.
What exactly is XcelTrip?
XcelTrip is a next-generation, decentralized exchange platform that deals with travel and hotel booking in the entertainment and hospitality sector. Through Blockchain technology, XcelTrip disintermediates travel hence empowering travelers and the users of the platform as well as service providers.
The company has been able to disrupt the trillion-dollar travel industry. The features of the XcelTrip exchange platform have decentralized and democratized digital asset cases that challenge the existing monopoly of the travel industry.
By decentralizing the system and giving power back to the users, XcelTrip has gained credibility as users are able to have full control over their bookings and identity.
The incorporation of SHIB as a cryptocurrency in their exchange platform will boost their markets and serve more clients.
