Shiba Inu (SHIB) News Today: July 17th
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Shiba Inu, the second-largest meme coin, saw a boost in global adoption following a major Japan-led initiative but investor hopes for a SHIB ETF from a global money manager were dashed. The token has been in a sharp multi-month downtrend and market indicators suggest the sell-off could intensify, creating downside risk for crypto and meme coin traders.
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The second-largest meme coin boosted its worldwide popularity thanks to a major initiative from Japan. However, the SHIB Army was left disappointed after previously expecting a global money manager would launch a SHIB exchange-traded fund (ETF).
The token’s price has been sliding sharply over the past several months, and certain factors suggest that the sell-off may intensify in the near future.
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In This News
Coins
$ 0.00...412
-1.09%Predictions Markets
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