DeLorean Motors Considers Shiba Inu Payments, Sparking Rivalry with Tesla’s Dogecoin Support
Shiba Inu (SHIB) is potentially setting up for significant competition with Dogecoin (DOGE) as DeLorean Motors, a historic car manufacturer, considers integrating SHIB payments for its upcoming electric cars. This move could rival Tesla, which is known for supporting DOGE payments. The prospect of DeLorean accepting SHIB has been hinted by Shiba Inu’s lead marketer, Lucie, who suggests it could elevate SHIB’s market status and boost its adoption significantly. While the integration remains speculative, Lucie points to a possible large-scale adoption if DeLorean supports SHIB, drawing parallels to Tesla’s effect on DOGE. This development could influence the meme coin market and potentially lead to a rise in SHIB’s price. However, the confirmation of such a move remains pending.
Bullish
The potential for DeLorean Motors to accept Shiba Inu as payment could attract attention to SHIB and increase its adoption similar to how Tesla’s acceptance of Dogecoin boosted DOGE. Historically, endorsements or support from major companies have led to significant short-term gains for cryptocurrencies due to increased visibility and investor interest. Such a move by DeLorean would not only enhance SHIB’s legitimacy but could also spur market interest and possibly raise its price, making this news bullish for Shiba Inu.