Ethereum, Dogecoin and Shiba Inu Chipping Away at Bitcoin's Crypto Payment Market Share

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

$ETH, $LTC, $SHIB, $DOGE are among the most popular cryptocurrencies with BitPay clients

Sixty-five percent of all payments were made with Bitcoin, the world's biggest cryptocurrency, in 2021, which is down 27% from a year ago.

Ethereum is the largest culprit behind the king cryptocurrency's shrinking crypto payment share. Last year, it was responsible for 13% of all BitPay transactions despite the fact that the network is plagued by high fees. Meme coin Shiba Inu and Dogecoin were singled out among the most popular altcoins, along with Litecoin., started accepting Dogecoin last March in partnership with BitPay.Cinema giant AMC is expected to start accepting the two canine coins in early 2022 after initially enabling crypto payments in late 2021 with the help of BitPay.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BitPay Litecoin is second!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of America Says Solana Could Take Market Share From Ethereum, Become the Visa of the Crypto Ecosystem – Altcoins Bitcoin NewsBank of America's analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects 'Solana could become the Visa of the digital asset ecosystem.' Reason: 1) Both are swiss 2) They failed to program fee limits on shithereum This shift means they gonna abandon shithereum. Note: These doldrums figure out in one go💩 Hey fam! xflokiverse team just announced that they are launching a mobile Metaverse game It will be available on both IOS and Android. Also users can download it on Epic Store More great news on the way Stay tuned XFLOKIVERSE XRPL XRP XRPLCommunity Ada will overtake Solana 🔜🔜
Source: BTCTN - 🏆 531. / 51 Read more »

Bank of America Says Solana Could Take Market Share From Ethereum, Become the 'Visa of the Digital Asset Ecosystem' – Altcoins Bitcoin NewsBank of America's analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects 'Solana could become the Visa of the digital asset ecosystem.' Hello everyone! Did you check AltbaseApp before? You can find your every need in crypto w/ Altbase and $ALTB New app drop soon with new features More than 20 new listings and new interface is coming Stay tuned Crypto Altcoins BSC SHAKITAINU 👉The 👑KING Of Dog Coins! 👉The REAL 1$ Dog! 👉Once You Go SHAK you Never Go Back ! SHAKARMY SHAKFAM ShakitaInu SHAKPUGZNFT JOIN US!
Source: BTCTN - 🏆 531. / 51 Read more »