HomeAltcoinSHIBA INU and Binance Card target Latin America.

SHIBA INU and Binance Card target Latin America.

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Initially released as a straightforward coin-meme, the Shiba Inu is now so well-known that its application cases are quickly expanding.

Michael Miebach, the CEO of MasterCard, recently disclosed that the credit card provider has partnered with cryptocurrency exchange Binance. This partnership aims to spread use of the Binance Prepaid Card throughout Latin America.

One of the first nations in Latin America to provide the card will now be Argentina. All you need to apply is a legitimate Argentinian ID, and then you may use MasterCard at any of the 60 million merchant locations across the world to make cryptocurrency payments.

The Shiba Inu fandom has reason to celebrate because the Binance Card already accepts Shib payments as of August 5.

Shiba Inu technical course markers

SHIB/USD are presently down -0.83% at a cost of $0.00001313, and have lost -18.17% over the last seven days.

The price of the coin was $0.00001786 on August 14. He then turned around and returned to the rally’s starting place, though. At $0.00001251, the 50 percent Fibo retracement provides immediate support.

Expect losses to move in the direction of the 61.8 percent Fibo retracement of $0.00001124 if the bulls are unable to successfully defend this level.

At $0.00001377, the 38.2% Fibo retracement provides resistance. A rebound towards the 23.6% Fibo retracement of $0.00001533 may be started if this is exceeded at the daily close.

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