Travala is an online travelling services provider. The travelling agency has been known for adding support for cryptocurrency holders keeping in view the rising interest of investors in blockchain tokens. The company has recently announced adding support for the Shiba Inu token.
The Shiba Inu token is one of the most popular meme coin tokens operating in the cryptocurrency space. Recently, the meme coin holders have been dealing with the news of whales acquiring a massive portion of their total circulatory supply. Reportedly one whale trader moved four transactions of 4 billion SHIB tokens to different wallet addresses recently. On the other hand, investors have also criticized the lack of utility offered by the meme coin.
The Shiba Inu token holders have recently received good news from Travala.com. According to the update posted by the official Twitter account of Travala.com, the Shiba Inu payments are now eligible for all the 3 million travel products registered on the website.
With this new addition, the SHIB holders can now book 2.2 million hotel reservations offered by hospitality companies around the world. It is worth noting that the payment support for the original meme coin DOGE was added to the Travala website in May when the token was surging at top price performance.
Travala.com to Offer Decentralized Home Rental Services
Travala.com has plans to extend its travel services with cryptocurrencies and blockchain technology. The travel agency recently shared plans for Dtravel. The Dtravel is a decentralized house rental service provider that allows renters to settle their bills in cryptocurrencies.
According to the Travala management, the new platform plans to go head-to-head against giants like Airbnb. It is worth noting that Dtravel uses the decentralized autonomous organization or DAO protocol for remaining operational 24/7 and throughout the year. Since its inception in 2017, Travala has been able to undergo massive progress. In 2020, the company merged with TravelbyBit, a project financed by Binance.