Movie Chain AMC Theaters to Add Shiba Inu ($SHIB) as a Payment Method

Leading U.S. movie theater chain AMC is reportedly working on adding the popular meme-inspired cryptocurrency Shiba Inu ($SHIB) to its list of accepted cryptocurrencies, after the firm’s CEO published a poll on Twitter that saw the SHIBAarmy rally in favor of it.

As CryptoGlobe reported, AMC added bitcoin payments for movie tickets and concessions earlier this year, and at the time said it was exploring “how else AMC can participate in this burgeoning cryptocurrency universe.”

The firm then moved to accept dogecoin ($DOGE) payments for digital gift cards that are then accepted n its website, mobile application, and in theaters, after the company’s CEO Adam Aron published a poll on Twitter that saw 140,000 people vote on it, and 68.1% say it should “for sure” list DOGE.

The addition of Shiba Inu is coming after Aron published a second Twitter poll asking his followers whether the DOGE rival should also be accepted. 81.4% of the 153,000 people who responded noted SHIB should “for sure” be added as a payment method.

In the company’s recent earnings call, Aron noted the firm is exploring how it will go about adding Shiba Inu as a payment method, according to The Verge, before noting the company it is also exploring whether it is feasible for AMC to launch its own cryptocurrency.

Per the CEO, the movie theater chain is also “in conversations” with numerous Hollywood studios about “the concept of joint venturing commemorative NFTs [non-fungible tokens] related to major film titles” that show in its theaters.

As CryptoGlobe reported, the SHIBArmy was disappointed earlier this month after Kraken failed to list the cryptocurrency after claiming it would do so if a tweet promoting it got over 2,000 likes. That tweet went over the 80,000 like mark, yet Kraken did not list the cryptocurrency.

SHIB has become immensely popular among retail investors for its astounding appreciation over the last few months. It allowed a 35-year-old former supermarket warehouse manager who first started researching cryptocurrencies in a bid to “modestly grow the tens of thousands of dollars in savings” he had to become a millionaire and retire early.

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