Shiba Inu (SHIB) Price Could Face Make Or Break Moment
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The Shiba Inu (SHIB) price could be facing a make-or-break moment in the coming weeks. While the launch of Shibarium is imminent according to the chief developer, the success of the layer-2 blockchain and the emerging ecosystem could determine how the SHIB price will perform. Despite the 43% year-to-date (YTD) price increase, SHIB is still in bearish territory. Ultimately, SHIB needs another boost, whether from a macro perspective or from the successful launch of Shibarium, to return to the bullish ground. The 1-day chart reveals that SHIB is still writing low highs on a daily basis since August last year.
Shiba Inu has now been added to the “Green List” of pre-approved crypto assets for Japan. This puts the token alongside Bitcoin and Ethereum and sets the token for possible tax relief. Shiba Inu Gets Green List Approval In Japan Japan’s Financial Services Agency (FSA) has added Shiba Inu to…
The prospect of Shiba Inu (SHIB) attaining the lofty $1 mark has captured the imaginations of many in the crypto world. However, a top analyst on TradingView has recently shared insights that challenge this widely held belief. He provided key points and technical analysis that raise questions about the feasibility…