BitPay now allows customers to buy gold with cryptocurrencies it supports, such as Shiba Inu (SHIB). The move is part of BitPay's effort to expand the use of cryptocurrencies beyond speculation and store of value. Shibarium, the layer-2 network solution for the Shiba Inu ecosystem, has surpassed the 14 million wallet threshold just four weeks after the developers relaunched it with an updated Chain ID.
Additionally, $SHIB has become increasingly popular in India, as the asset was the most traded on CoinSwitch, one of India's favorite cryptocurrency trading apps, from April 15 to 20, 2023.
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