DevourGO, a popular web3 platform for food ordering and delivery, has recently announced that it now accepts Shiba Inu (SHIB) as a payment option. This exciting news was shared in a recent post on X, where the company revealed that SHIB payments will be facilitated through an integration with Coinbase Commerce.
In a show of support for Shiba Inu, DevourGO even made a payment for a food delivery using SHIB, prompting the question: “Could this be the first-ever food delivery order paid for with SHIB?” While this milestone is not confirmed, it has sparked enthusiasm within the Shiba Inu community.
The integration with Coinbase Commerce allows users to pay for their food deliveries using their Coinbase accounts. DevourGO has provided a simple four-step guide for customers to follow, including placing their food order, selecting ‘Pay with Coinbase’ at checkout, authorizing the transaction through their Coinbase account or wallet, and awaiting confirmation.
CEO Shelly Rupel emphasized the significance of this integration, highlighting the opportunity for crypto users to enjoy the convenience of ordering food online. The acceptance of Shiba Inu as a payment method by prominent crypto payment processors like BitPay, Binance, and Coinbase reflects a broader trend towards recognizing SHIB as a utility asset rather than just a meme coin.
Despite the positive developments, the price of Shiba Inu has not seen a significant uptick following the news of its acceptance on DevourGO. The broader crypto market downturn has impacted SHIB, with daily and weekly losses amounting to 0.78% and 14.76%, respectively. Other cryptocurrencies like Solana (SOL) and XRP (XRP) have also experienced substantial price declines recently.
Nevertheless, supporters of Shiba Inu remain optimistic about its potential for recovery, especially with continued backing from key players in the crypto space. It is important to note that this information is for informational purposes only and should not be construed as financial advice. Readers are advised to conduct their own research before making any investment decisions. The Crypto Basic does not take responsibility for any financial losses incurred.