CEO of AMC Theaters Adam Aron Did A Poll On Twitter Asking Fans, Whether To Accept Shiba Inu Or Not

KEYPOINTS

  • AMC CEO Adam Aron asked his followers on Twitter if they thought the company should accept shiba inu coin as payment.
  • The price of Shiba inu coin has risen as a result of crypto whales and retail traders advertising the meme coin.

Aron polled his Twitter followers on Friday, asking if the theatre chain should add shiba inu currency to the list of cryptocurrencies it would soon accept as payment.

The poll, which will be up for another five days, had already gotten over 70,000 votes four hours after it was posted.

Aron’s tweet came after a week in which crypto whales and regular traders helped the meme coin’s valuation skyrocket.

According to CoinMarketCap data, the coin, which began as a meme of another meme coin, is now the tenth largest cryptocurrency by market capitalization.

Aron conducted a similar poll last month, asking his devoted fans if AMC should accept dogecoin, to which more than 100,000 people responded affirmatively.

Famous youtuber YourPop also Tweets about the future acceptance of Shiba Token in AMC Theaters.

AMC WILL START ACCEPTING CRYPTOCURRENCIES

AMC announced in August that by the end of the year, it will take bitcoin as payment and would begin looking into new ways to participate in the crypto market. A month later, the company announced that ether, litecoin, and bitcoin cash will be accepted as well.

AMC CEO Adam Aron stated on Wednesday that, in addition to bitcoin, the movie theatre chain aims to take ether, litecoin, and bitcoin cash as payment before the end of the year.

Since the commencement of the meme stock drama at the beginning of this year, retail traders united on social media platforms like Reddit and Twitter to rally around AMC.

The traders, who identify to themselves as Apes and refer to Aron as Silverback on occasion, have rallied around the AMC CEO as a symbol of their movement.

Aron has retaliated by distributing free popcorn and movie tickets to stockholders of his company. AMC’s stock has risen 1,600% this year and was trading at $35.62 at 11:45 a.m. ET on Friday.

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