An investment giant focused on real estate investment and management, Jamestown L.P. has revealed its recent strategic partnership with BitPay crypto payment processor. Now, the company will begin to accept cryptocurrencies for rent, including meme coins Shiba Inu and Dogecoin, according to Rew-Online.
In 2021, Jamestown also partnered with Barry Silbert’s Digital Currency Group to cooperate in the Metaverse space.
You can now pay for rent in SHIB, DOGE, BTC, etc.
The recent partnership with BitPay means that customers can now pay for rent in SHIB, DOGE, including other supported cryptocurrencies.
This will allow it to accept rent in crypto in the U.S.-based real-estate properties, while the company is also considering expanding to Europe.
This new development and other recent progress strongly suggest an imminent recovery for these popular meme coins.
Shiba Inu and Dogecoin Continue to Find Real-World Use Cases
Shiba Inu and Dogecoin have found real-world use cases at fast food joints and several businesses that have partnered with crypto payment platform NowPayments or BitPay.
Shiba Inu payments are being accepted by real-estate businesses worldwide, including a company in Santa Clara del Mar, near Buenos Aires.
The real estate giant revealed that they would not hold cryptocurrency but instead accept payment through a collaboration with BitPay.
Analysts have evaluated the Shiba Inu and Dogecoin price trends and predicted a recovery in the meme coins. FXStreet analysts believe Dogecoin price could enter a bull run like 2021. The meme coin’s price trend is similar to the 2021 price rally, and a move to $0.16 could confirm the bullish prediction.