The Shiba Inu community has been amazed by the revelation that they can now use their holdings to order food via Web3 delivery services. The first successful order using SHIB has already been completed through DevourGO, facilitated by integration with Coinbase Commerce.

Devour confirmed this development with a post on X, announcing that DevourGO now accepts $SHIB payments through Coinbase Commerce integration, marking the initial purchase of its kind using a meme coin for food delivery. While concrete proof from the community is awaited, this event signifies a milestone where token holders can utilize their assets on DevourGO to make food orders.

Shelly Rupel, CEO of Devour, discussed their collaboration with Coinbase Commerce, expressing excitement about the partnership's potential not only for SHIB holders but for all crypto users. The acceptance of SHIB by DevourGO underscores three key aspects: the coin's adoption, its expanded utility, and the establishment of its credibility in the market, particularly in food delivery services.

The market response to these developments has shown a slight increase of 0.09% in SHIB's value, currently trading at $0.00002169. However, the token has experienced declines of 13.90% and 8.82% over the past 7 and 30 days, respectively, with a significant drop of 56.76% in 24-hour trading volume, suggesting that holders may be holding onto their tokens.

SHIB maintains a market cap exceeding $12 billion but still trails Dogecoin ($DOGE) in the meme coin rankings. Short-term forecasts indicate bullish sentiment, with expectations of reaching $0.00002819 in the next 5 days and potentially surpassing $0.00007000 within the month, reflecting a potential 228% increase from current levels.

Market sentiment appears bearish amid concerns over inflation, as indicated by SHIB's Fear & Greed Index at 74 points and a volatility level of around 5.21%. Technical indicators support the current bearish trend, with the 14-day RSI at 36.26 and the 50-day SMA and 200-day SMA standing at $0.00002417 and $0.00001815, respectively.