SHIP can now be used to book over three million travel products worldwide
Shiba inus Holders can now make a reservation at the five-star luxury hotel “W Dubai” with their crypto assets and enjoy a private beach with views of the city skyline and the Arabian Gulf. This is made possible by Travala.
W Dubai is a destination hotel under the renowned W Hotels brand, an upscale American hotel chain owned by Marriott International.
Crypto-friendly travel website Travala originally added support for the Shiba Inu cryptocurrency in December 2021, allowing SHIB to be used as a payment method on its website. On top of that, SHIB could also be used to book more than three million travel products globally on the site, including flights, hotels, and travel packages.
As reported by U.Today, Travala announced that Shiba Inu could be used to book supercars like Ferrari, Lamborghini, Rolls-Royce, McLaren, Aston Martin, and Bugatti, allowing users to get a taste of their favorite supercars.
Shib large transactions up 126% as a large amount is moved
According to IntoTheBlock, large increases in transactions are usually related to increased whale activity, either buying or selling, and a transaction typically exceeds $100,000. Over the past 24 hours, large transactions have increased by 126%, suggesting that a significant amount of SHIB has been moved during this time.
The crypto market is seeing another sell-off, with the majority of cryptocurrencies trading significantly lower. SHIB was not exempt from the bearish action as it fell 7.84% to trade at $0.00001096 at press time.
According to Shibburn’s Twitter account, over 40,128,196 SHIB tokens have been burned and three transactions have been completed in the past 24 hours.