Shiba Inu Coin (SHIB) has achieved a significant milestone in its journey towards mainstream adoption by being added to Crypto.com's Visa card funding options. This development allows SHIB holders to use their tokens for everyday transactions, joining other prominent cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The inclusion of SHIB in this list enhances its practical utility and broadens its acceptance in the financial ecosystem.

The SHIB community has warmly received this news, recognizing the growing value of their token. This move underscores SHIB's increasing significance to Crypto.com, making it more convenient for card users to spend their SHIB in daily life. The inclusion of SHIB in Visa card funding options also boosts investor confidence, signaling institutional recognition of the meme coin.

For Shiba Inu holders, this development brings several advantages. It provides a practical application for their tokens, allowing for everyday use beyond speculative trading. This increased utility could drive higher demand for SHIB as more people recognize its real-world applications. The acceptance of SHIB on a major platform like Crypto.com also aligns with Shiba Inu's broader goals of expanding its ecosystem and enhancing the token's functionality.

Despite the recent positive update, SHIB price has witnessed a sharp decline, falling over 11%. This slump comes amid a broader crypto market downturn. However, the Shiba Inu burn rate continues to surge significantly, indicating the community's active approach towards reducing the supply. The token burns usually help in reducing the overall supply, while potentially bumping up the prices of the coins.