Shiba Inu tokens are now accepted as a payment mechanism in Dubai’s luxury 5-star hotel brand, W Hotel’s The Palm, owned by Marriott International, according to Travala, a crypto-friendly travel service.
Travala announced the news via Twitter. The tweet includes a video of the luxurious resort, which includes a private beach with views of Dubai’s magnificent skyline and the Arabian Gulf.
Travala already supported cryptocurrency payments, including the Shiba Inu token, in December 2021, making SHIB a valid payment method for website users.
SHIB is currently accepted as a payment method on Travala for over three million travel and hospitality items and services worldwide. This includes flights, motels, lodging, and vacation packages.
Furthermore, the Shiba Inu token can be used to reserve luxury automobile brands and supercars including Ferrari, Lamborghini, Rolls-Royce, McLaren, Aston Martin, and Bugatti.
According to IntoTheBlock, huge transactions are mainly caused by crypto whales attempting to conduct trades worth more than $100,000.
In the last 24 hours, SHIB had a 126% rise in major transactions, indicating that Shiba Inu tokens were traded often.