AMC Theaters is Now Accepting Cryptocurrency

Following a recent announcement made earlier this year, AMC Theaters is now accepting Cryptocurrency for online purchases tickets! In this article we will discuss how crypto-positive companies like AMC are good for cryptocurrency. we will also talk about how adoption helps the performance of Killer Whale Signals and Strategies .

AMC

AMC is an American movie theater chain headquartered in Kansas. Currently, AMC is the largest movie theater chain in the world and was founded over 100 years ago, in 1920. Throughout 2021, AMC has repeatedly made the headlines and is considered to be one of the kings of the “memestock” phenomenon, alongside GameStop, all thanks to WallstreetBets. In August, AMC announced that they would allow guests to pay for tickets online with Bitcoin by the end of the year, and it would appear that they have made good on that promise. In addition to Bitcoin (BTC), AMC is also accepting Ethereum (ETH), Bitcoin Cash (BTH), and Litecoin (LTC).

Further down the road, AMC will also be accepting Dogecoin (DOGE) and is looking into the potentiality of accepting Shiba Inu (SHIB) as well. Note that users will not be able to purchase anything with crypto in in person. This only applies to online sales.

How Adoption helps Crypto

When companies such as AMC adopt cryptocurrency, not only does it paint cryptocurrency in a more positive light in the eyes of the sceptics, it aids in increasing the total market caps of cryptocurrency as well. If people are using their cryptocurrency to purchase things like tickets from AMC, they will likely replace the crypto they spent so that they do not miss out on its appreciation in value. This process is nothing but good for the total market cap of cryptocurrency.

Bitcoin, Ethereum, Bitcoin Cash, and Litecoin are incredibly solid choices for AMC to begin accepting. All of these coins have been in the top 10 at one point or another, and three of them (Bitcoin, Bitcoin Cash, and Litecoin) are legacy coins. This means that almost every Killer Whale Signal and Strategy will benefit from the adoption of this currency basket in one way or another. Because Bitcoin and Ethereum have been the most highly adopted currencies for payment in recent years, strategies such as Killer Whale Gain BTC and Killer Whale Gain ETH have seen stable upwards growth. Killer Whale Elite Signals has also been seeing some excellent returns from Bitcoin and Ethereum, especially as both currencies have hit new all-time highs so recently! Be sure to check out the Killer whale Products Page to find out what Killer Whale signals and strategies are right for you!

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