Top 100 accounting firms now accept Shib, Doge, and others as payments
Cryptos is a massive investment opportunity. The primary purpose of crypto tokens was to enable peer transactions. But with each passing year, the purpose of this token saw changes. The token is now a lucrative investment model giving a major share of profits to investors. If you are new to Crypto trading and investments then you must check Bitcoin Era Opiniones .
Journey of crypto as an investment token
Bitcoin entered the market as the first crypto token in 2009. Investments in this token increased and today the token is sold at $30k per token. Early investors in crypto tokens have gained huge profits through it. Also, along with Bitcoin, many other tokens entered the investment market. Today, there are more than 14k tokens. The total market capitalization of cryptos is trading beyond $3 trillion. And investment experts see an opportunity for market increase. Other than crypto tokens, there is also an increase in acceptance of other technology.
The blockchain technology and decentralized finance model are leaping. Many research and development companies are ready to invest in blockchain technology.
Understanding meme tokens
Crypto tokens have more than an investment opportunity. This is true in the case of Shiba Inu and Dogecoin.
Shiba Inu crypto token
The token got its first launch in August 2020 and entered the market as a meme coin. The price of this token increased beyond 10 fold in 2021. During the past year, Shiba Inu has taken a safe position in the investment market. The total market capitalization of this token is today $40 billion. The primary purpose of this token was to answer a fundamental question. The token is an answer to understanding what will happen if a community drives crypto? The community today has more than 500K developers contributing to its governance.
Investing in Shib is a risky investment. The prices are fluctuating and volatile to the core. While Shib has taken a safe position in the investment market, there is also a steady decline in prices. The price of this token is driven by social media influence.
Doge Coin crypto token
It is indeed the first meme token in the crypto investment market. Considering the past 12 months’ performance, the doge token is showing a steady price reduction. But investment experts have opined that the current market will recover. In the coming years, the token tends to reach beyond $1 in the marketplace.
The token became an instant hit amongst investors recently through Elon Musk. The Tesla, CEO recently tweeted that investors can buy Tesla merchandise through Doge. The official website was revamped to accept crypto-token in its payment gateway. If you are a Tesla merchandise lover then this is your chance.
Accounting firms accept crypto payments
The most recent news in the investment market is an accounting firm accepting crypto. The most recent on the list is the Wolf and company. Listed as one of the top 100 accounting firms, the firm today accepts Doge and Shib.
The payment is accepted using the payment gateway facilitated by Bitpay. The firm recently announced the change and agreed it is moving to embrace cryptos. The role of crypto in the economy is inevitable. The accounting firm also made it clear that all protocols have been adhered to. This includes regulations on tax, audits, security, and smart contracts.
Other than Shib and Doge, the accounting firm also accepts other cryptos. Ranging from Bitcoin, Ethereum, and Litecoin the accounting firm accepts various tokens.
The announcement from Wold and company comes after a travel company adopted crypto. Xceltrip a pioneer in the travel world has announced its openness to accepting cryptos. The travel booking platform works on blockchain technology and additionally supports crypto. The travel company has adopted Dogecoin as its payment gateway to make travel booking easier.
Is it good to invest in Dogecoin and Shiba?
Yes, indeed this is the right time. The market performance is not as per standards. But investment experts in crypto have made it clear that the market is bound to recover. The crypto industry will bounce back and investments will increase. The marketplace saw a wipe-out of more than $1.2 trillion in the past 02 months. But if you have been following crypts, you might well leverage this situation.
