Shiba Inu partners up with Travala, should you buy SHIB?

on Nov 24, 2022
  • SHIB can now be used to book hotels, flights, and activities on Travala.
  • The token's value shifted by 12% in the last 7 days.
  • Shiba Inu’s trading volume decreased by 25% in the last 24 hours, indicating that investors are holding it.

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The team behind Shiba Inu (SHIB/USD) made an announcement that they have partnered up with Travala and will enable anyone to book travel on Travala by using the SHIB token.

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Shiba Inu is one of the largest meme-based cryptocurrencies, which was created as an alternative and competitor to Dogecoin (DOGE/USD) and operates on top of the Ethereum (ETH/USD) blockchain.

The Travala partnership as a catalyst for growth

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In the latest crypto news, on November 24, 2022, the Shiba Inu team revealed on Twitter what they call an “Exclusive Special” with Travala.

This tweet gave community members and SHIB token holders information surrounding another use-case surrounding the token, this time for booking travel.

Specifically, those who want to use SHIb can now also get a free $25 Travel credit to use on over 3 million hotels, flights, and activities through the platform.

This has increased the real-world use-case of SHIB and will likely drive demand as well as value for the cryptocurrency moving forward. 

Should you buy Shiba Inu (SHIB)?

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On November 24, 2022, Shiba Inu (SHIB) had a value of $0.00000902.

SHIB/USD chart by Tradingview

The all-time high of the Shiba Inu (SHIB) cryptocurrency was on October 28, 2021, when it climbed to a value of $0.00008616. Here we can see that at its all-time high, SHIB increased by $0.00007714 or by 855%.

When we go over its 7-day performance, Shiba Inu (SHIB) had its low point of value at $0.00000825, while its high point of value was at $0.00000926. Here we can see an increase in value of $0.00000101 or by 12%.

However, when we take a look at the 24-hour performance, Shiba Inu (SHIB) saw its low point at $0.00000886, while its high point was at $0.00000918

This indicates an increase in value of $0.00000032 or by 3%.

Investors will want to take up this opportunity and buy SHIB, as it can climb to $0.000012 by the end of December 2022.


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