Shiba Inu unleashes debit card—spend SHIB, fetch rewards
Shiba Inu has introduced a cryptocurrency debit card in collaboration with Bitget Wallet, according to an announcement from the project, marking an expansion of the token’s payment utility.
- Coinbase has launched Ethereum-backed loans for eligible U.S. users (excluding New York).
- The service allows borrowers to access up to $1 million in USDC without selling their ETH holdings.
- The launch strengthens Coinbase’s DeFi integration, tapping into the growing crypto-native credit market.
The Shiba Inu-branded (SHIB) card offers zero-fee spending with no conversion fees, foreign exchange fees, or hidden spreads, according to the companies. Early adopters will receive Shiba Inu token rewards as part of the onboarding program.
The announcement generated social media attention but resulted in limited immediate price movement, according to market data. Shiba Inu continues to trade significantly below its all-time high price levels.
Shibarium, the project’s layer-2 blockchain launched in 2023, has experienced periodic activity spikes but has faced challenges in maintaining a consistent active user base, according to network data.
Technical chart analysis shows Shiba Inu currently retesting the lower support level of a multi-month descending channel pattern. Trading indicators suggest potential accumulation activity at current price levels, according to technical analysts monitoring the token.
The cryptocurrency meme coin sector has historically experienced capital rotation patterns, with market attention shifting between tokens including Dogecoin (DOGE), Shiba Inu, Floki (FLOKI), Bonk (BONK), Dogwifhat (WIF), and Neiro during previous market cycles.
Maxi Doge, another Dogecoin-themed token, has gained attention amid broader interest in dog-themed cryptocurrencies, coinciding with discussions around potential Dogecoin exchange-traded funds and the DOGE-1 lunar mission project.
Shiba Inu’s market performance and adoption metrics remain subject to broader cryptocurrency market conditions and user adoption of the new payment card functionality.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Today: "Crypto ETFs See $3 Billion Outflow While Energy Storage Surges in Contrasting Markets"
- U.S. Bitcoin ETFs lost $903M in net outflows on Nov 20, with IBIT and GBTC leading the exodus. - Ethereum ETFs faced $262M in eight-day outflows as institutional investors locked in year-end profits. - Bitcoin dropped 9% to $83,884 amid technical breakdowns and miner economics, despite major holders continuing accumulation. - Smaller crypto ETFs like Solana and XRP saw inflows, contrasting with Canadian Solar's $1.858G storage contract and 167.7% stock surge. - Divergent market trends highlight crypto vo
Ethereum Updates Today: Major Ethereum Investor Makes $1.34B Move Amid Crypto Market Slump
- Chordate board proposes voluntary liquidation and delisting due to insufficient capital, with process starting December 2025. - Ethereum whale '66kETHBorrow' accumulates $134M in ETH amid market selloff, signaling long-term bullish conviction. - Crypto markets face $3,000 ETH support test as $170M+ liquidations highlight fragility, contrasting whale's accumulation strategy. - Canaan Inc. reports $1.3B mining revenue and BTC/ETH treasury growth, showcasing resilience amid industry downturn.
Bitcoin Updates: The 2026 Transformation in Crypto—Infrastructure Surpasses Speculation
- Crypto market anticipates 2026 growth driven by infrastructure upgrades and structured tokenomics, contrasting volatile meme coins like PEPE and BONK . - Bitcoin Munari (BTCM) advances with Solana integration and $0.01 presale model, targeting 2027 Layer-1 launch with EVM compatibility and privacy tools. - Bullish's Q3 2025 resilience during market crashes highlights its AMM liquidity advantages, while tokenization services gain traction amid institutional demand growth. - Institutional-grade infrastruct
Bitcoin News Update: Bitcoin ETFs See $1.9B Outflow While Competing Altcoins Draw $420M in Just 16 Days
- U.S. Bitcoin ETFs saw $1.9B in 4-day outflows as prices fell below $90,000 amid macroeconomic uncertainty. - BlackRock's IBIT lost $1.43B in 5 days, reflecting institutional risk aversion ahead of potential Fed policy shifts. - Altcoin ETFs attracted $420M in 16 days, with XRP and Solana funds gaining traction through staking yields and regulatory clarity. - Analysts warn sustained outflows could push Bitcoin toward $85,000, highlighting diverging investor priorities between blue-chip and emerging crypto
Trending news
MoreCrypto prices
More
