The popular memecoin – Shiba Inu (SHIB) – has been added to Bitcoin of America – a US-based ATM chain that has over 1,800 machines spread across more than 31 states.
- According to the official release, the reason behind the move is because Bitcoin of America
“…recognized the growing popularity of Shiba Inu and decided it was time to include it in their BTMs. Bitcoin of America also offers Bitcoin, Litecoin, and Ethereum.”
- It’s also worth noting that back in March, the company added support for another popular memecoin – Dogecoin (DOGE). At the time, the price of the cryptocurrency skyrocketed some 12% in a day.
- At the time of this writing, SHIB is trading flat for the past 24 hours.
- Bitcoin of America is a relatively well-known digital currency exchange, and it’s important to note that it is registered as a money services business with the United States Department of Treasury.