Binance Pay, a pioneering crypto payment service, has introduced a standalone payment page for Shiba Inu (SHIB), unlocking a realm of opportunities for SHIB supporters and holders. This innovative feature simplifies the acceptance of SHIB payments, demonstrating Binance Pay's commitment to enhancing the utility of cryptocurrencies in everyday transactions.

Binance Pay's SHIB Payment Page: A Game-Changer for Utility and Adoption

The newly launched page streamlines the process for businesses and individuals to transact with SHIB, supporting seamless payments with over 80 tokens, including SHIB. Notably, Binance Pay eliminates gas fees, a significant barrier to crypto spending, making SHIB a more attractive option for both consumers and merchants.

The 'fee-free' environment encourages more frequent and varied transactions, elevating SHIB to one of the most popular tokens on the platform. Beyond facilitating payments, Binance Pay extends its versatility with the Binance Marketplace, a hub where users can purchase a variety of products and services using Shiba Inu.

SHIB Price Surges Amid Market Rally

The Shiba Inu price recently regained the $0.000025 mark, a crucial level for an impending bullish run. At press time, the SHIB price climbed 5.46% to $0.00002543 on Thursday, May 16, boasting a market capitalization of $14.98 billion. The 24-hour trading volume for SHIB jumped 28.81% to $1.17 billion, with SHIB futures open interest soaring 10.34% to $78.04 million.

In the past 24 hours, Shiba Inu noted significant short liquidations with $329.42K liquidated. The short traders are expected to buy back their positions to mitigate losses, which could lead to a further rise in SHIB's value.