Shiba Inu, alongside other cryptocurrencies, are now supported by player prop daily fantasy sports and Esports platform, ThriveFantasy. ThriveFantasy announced this partnership with FTX in a recent release, declaring that they will now allow crypto transactions on the platform.
The ThriveFantasy platform
ThriveFantasy is a daily fantasy sports and esports app for player props. It offers competitions in traditional sports like the NFL, NBA, MLB, PGA, NHL, soccer, cricket, and esports titles such as Dota 2.
Recall that FTX listed SHIB in May 2021 following its impressive market performance. Bitcoin, Ethereum, Solana, Uniswap, and Dogecoin are among many cryptocurrencies supported by FTX.
Other recent developments by Shiba Inu
Shiba Inu’s acceptance and adoption have also experienced a huge boost via BitPay. Several companies such as SlingTV, American Cancer Society, Newegg, Menufy, Carolina Hurricanes, and Twitch accept SHIB via BitPay.
Moreover, the recently launched Shiba Inu burn portal has continued to gain massive momentum, as it has already accounted for more SHIB token burn in 2022 than all other burn initiatives.
According to Shibburn.com, scarcity of the token created by burning can increase the price of the tokens, benefiting investors, though it is not always guaranteed.
Shiba Inu dipped to lows of $0.0000225 on April 26 before a slight rebound to $0.0002399. At the time of writing, SHIB is trading at $0.0000232, giving intending investors the perfect opportunity to buy at a discount.
As reported by WhaleStats, Ethereum whale “BlueWhale0073” has bought another 70,000,000,000 Shiba Inu worth $1,619,800, making Shiba Inu, again, the biggest token by USD value for whales.