Are You Really Going to Use Shiba Inu Coin at AMC?
It's just a matter of time before you'll be able to use that Shiba Inu (CRYPTO: SHIB) that's burning a hole in your digital pocket to pay for a matinee movie ticket or a box of Swedish Fish at your local AMC Entertainment Holdings (NYSE: AMC) multiplex. AMC CEO Adam Aron is asking his social media followers if they want the country's leading movie theater chain to accept the rapidly ascending cryptocurrency as a way to settle up transactions.
No one should be surprised at this point. Aron has never met a meme he didn't like. On the company's August earnings call, he discussed a potential partnership with GameStop -- the only other stock with the same kind of speculative fandom as AMC. Shortly after announcing this summer that AMC was working to accept four different tokens, he added Dogecoin (CRYPTO: DOGE) to the mix when that one was all the rage. Now that Shiba Inu is all the rage -- and has soared by 875% over the past month -- of course Aron is going to try to latch on to the trending digital currency.
Image source: Getty Images.
Source Fool.com
