Posted inNews

Shiba Inu now accepted as payment at a French bistro in Paris

October 30, 2021No Comments


Le Bistrot d'Eleonore et Maxence, a restaurant in Paris, France, joins the growing list of top companies to add Shiba Inu (SHIB) as a payment method.

The information came to light from a video shared by a local resident and crypto investor Natheno Davy, which showed that the main entrance of the restaurant sported two new "Shiba Inu accepted here" stickers right on top of the other traditional payment options.

Speaking to Cointelegraph, Davy said he reached out to a restaurant staff member to reconfirm the addition of SHIB as a payment method before taking the video:

โ€œPrecisely at that moment, a group of four men paid the lunch bill using Shiba Inu. It was magical! "

Later, Davy returned to visit the restaurant with his friends and paid for a EUR 250 (approximately $ 290) buffet with Shiba Inu. As the video went viral on social media platforms, the restaurant confirmed witnessing a sudden spike in foot traffic, "thanking me for my work."

โ€œThe restaurant has now become the best in the area. Locals hope that a wave of restaurants will start accepting cryptocurrencies as a payment method. "

As a seasoned investor, Davy revealed that Shiba Inu has been his best investment throughout his career. โ€œI love cryptocurrencies, especially SHIB. Crypto has the power to change everything. "

The widespread adoption of Shiba Inu is a direct result of an ongoing bullfight which continues to attract support from new investors. At the time of writing, SHIB outperformed Dogecoin (DOGE) to become the ninth largest token in terms of market capitalization.

Related: Someone bought $ 3,400 worth of SHIB last August. Now worth $ 1,550 million

A small crypto investor made a 94,278,239.8% profit from a $ 3,400 investment in Shiba Inu.

As Cointelegraph reported, the unknown person bought SHIB 44 times since August 2020 and accumulated 70,200,003,107,594 SHIB in the process, which is now worth $ 5.63 billion.

At the same time, the bull run on SHIB has had a negative impact on the price of Dogecoin.