Crypto-Friendly Travala Now Accepts Shiba Inu For Booking Vacations

Users can now use Shiba Inu SHIB/USD to book luxury vacations in over 230 countries using crypto-friendly travel booking platform Travala.com.

What Happened: In an announcement on Tuesday, Travala said it has added support for meme-based cryptocurrency Shiba Inu as a means of payment for 3 million travel products worldwide.

Travala.com has its own native crypto token AVA AVA/USD. The travel site reported total revenue of $7.2 million for November, a 683% increase year-over-year. Additionally, 82% of all bookings last month were paid with cryptocurrencies.

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The platform currently accepts more than 28 different cryptocurrencies including Bitcoin BTC/USD, Ethereum ETH/USD, and Dogecoin DOGE/USD.

What Else: SHIB’s recent popularity has led a number of merchants to begin accepting the meme-based crypto as a means of payment.

Most recently, tech retailer Newegg Commerce Inc. NEGG said it would accept SHIB as a means of payment.

Major theatre-chain AMC Entertainment Holdings Inc AMC also plans to accept SHIB for online payments within the next four months.

Price Action: As of Wednesday morning, SHIB was trading at $0.00003688, after a slight drop of 0.72% in the last 24 hours.

Photo: Andre Tan on Unsplash