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KRONOS ADVANCED TECHNOLOGIES BECAME THE FIRST PUBLIC COMPANY TO ADD SHIBA INU AS AN ADDITIONAL CRYPTO PAYMENT OPTION FOR PURCHASING AIR PURIFIERS AND PPE SUPPLIES.
KRONOS ADVANCED TECHNOLOGIES BECAME THE FIRST PUBLIC COMPANY TO ADD SHIBA INU AS AN ADDITIONAL CRYPTO PAYMENT OPTION FOR PURCHASING AIR PURIFIERS AND PPE SUPPLIES..
About this update from Kronos Advanced Technologies, Inc.
[{"type":"text","content":"KRONOS ADVANCED TECHNOLOGIES, INC., (OTC MARKETS: KNOS) (\"KNOS\" or the \"Company\"), a revenue-generating, product development and production company that has significantly changed the way air is moved, filtered and sterilized announced today it will begin accepting payment in the SHIBA INU (COIN: SHIB).Like Bitcoin, Ethereum, Litecoin, the Dogecoin inspired Shiba Inu coin is a popular cryptocurrency that people use to buy, spend and trade as a community-driven token, the functionality of which includes a decentralized exchange (ShibaSwap), a platform for working with NFTs, as well as a profitable tool for passive income, according to NOWPayments.As reported by CNN, Shiba Inu coin price hit a new record revealing it to be the most astronomically increasing commodity in history and up an additional 30% in a 24 hour period just on the hopes that a Robinhood petition to add it to their cryptocurrency list of buyable coins would increase popularity. It pared back some of its gains since hitting its all-time high last week but then continued to move to reach the dizzying heights of the 9th largest digital currency by market capitalization yesterday.The token, which was launched last year, has surged more than 100% during the previous seven days and now has a market value of about $39 billion, surpassing Dogecoin with more than twice the trading volume.Like Dogecoin, the Shiba Inu coin features the Shiba Inu dog as its mascot. Its meteoric rise has made some investors millionaires overnight. The coin has also won a handful of celebrity backers, from former boy band stars to pro athletes.Earlier this year, Ethereum co-founder Vitalik Buterin made headlines by donating $1 billion worth of SHIB to a Covid-19 relief fund in India.Its dramatic rise last week coincides with rising support for a Change.org petition urging trading platform Robinhood to list SHIB on its site. The petition has garnered 334,500 signatures so far. This year, dogecoin's record rise put so much pressure on the platform's crypto trading systems that it was briefly broken. Robinhood said last week that cryptocurrencies accounted for nearly 20% of its transaction-based revenues in the third quarter, or about $51 million. That's an 860% increase from the same period last year.During SHIB's rise last week, it temporarily lost some gains after Tesla CEO Elon Musk — who...