AMC Entertainment is in the process of updating its technology infrastructure to allow consumers to pay online using Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE) to purchase movie tickets. but that is not all. In a Twitter post early Friday morning, CEO Adam Aaron asked if users were interested in paying with Shiba Inu. At the time of writing, 97,582 Twitter users had already taken part in the survey, and nearly 85% of those who voted chose “yes”.
Recently, the popular cinema chain has shown an increased interest in cryptocurrency. Last week, the CEO discussed the possibility of issuing cryptocurrency for a specific company. Earlier this month, AMC allowed its customers to purchase digital gift cards with Dogecoin and other cryptocurrencies using the BitPay wallet. Back in September, Aaron, in an interview with CNBC, expressed an interest in making memory movie tickets as non-fungible tokens, or NFTs.
On Friday, Dogecoin was acquired by Shiba Inu to become the ninth largest cryptocurrency in the world by market capitalization. According to Etherscan, the daily number of Siba Inu transactions has crossed 140,000, which is just below the all-time high of 172,411 daily reached in May.
In light of record growth, the Shiba Inu ecosystem has expanded to include ShibaSwap, a decentralized exchange, or DEX. The total prohibited cost, or TVL, of ShibaSwap is $537.92 million, according to Defi Llama. There are currently 29 coins circulating on ShibaSwap, according to CoinGecko, of which $236 million have been traded in the past 24 hours. In addition to the main Shiba Inu token, ShibaSwap has two additional tokens. Bone ShibaSwap is used to vote on control protocols proposed by the developers, and Doge Killer is used to provide trading liquidity in the DEX.