Publicly listed firm Kronos joins rising cryptocurrency funds pattern with adoption of Shiba Inu (SHIB)

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  • Kronos Superior Applied sciences accepts Shiba Inu (SHIB) as fee.
  • Kronos is working a promotion providing 10% off to customers who choose SHIB.
  • Shiba Inu has risen 4% previously 24 hours, buying and selling at $0.00001741.

Product improvement firm Kronos Superior Applied sciences has introduced that it’s going to start accepting Shiba Inu (SHIB), the second-largest memecoin by market cap, as fee.

Shiba Inu lovers welcomed the transfer from the corporate, which was based in 2002 with funding from the U.S. navy to develop electrostatic air-moving units. “We’re excited to be the primary publicly traded firm to just accept SHIB as a type of fee for our air purification merchandise,” the corporate mentioned in an SEC submitting, including:

“Kronos Superior Applied sciences Inc., a number one innovator of FDA 510(Okay) cleared air purification options, is happy to announce the acceptance of Shiba Inu (SHIB) cryptocurrency as a brand new type of fee for our innovative air purifiers.”

Kronos cited “SHIB's widespread possession and recognition amongst crypto fanatics” as the rationale for accepting SHIB. The corporate additionally famous that there have been roughly 1.38 million Shiba Inu (SHIB) pockets holders as of 2024.

In keeping with CEO Greg Rubin, the choice will assist Cronos “meet the rising demand for various fee choices.” To have fun, Cronos can be providing a limited-time promotion for patrons who pay with SHIB.

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Clients utilizing Meme Cash can get a ten% low cost off their order by getting into the coupon code “SHIBARMY10”.

Shiba Inu (SHIB) is the thirteenth largest digital asset by market cap with $10.26 billion. The meme coin is up 4.21% and buying and selling at $0.00001741, 80.34% under its 2021 excessive of $0.00008845, in keeping with CoinMarketCap. The altcoin has fallen 31.35% over the previous 30 days however has elevated in worth by 129.37% since July 2023.

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