This week, CRYPTO SHIB, a cryptocurrency that has had a tough year so far, reached a bottom in the near term. On Saturday, however, its momentum began to accelerate. The crypto opened the session at $0.00000731, up from $0.0000070, and traded between $0.00000729 and $0.00000763. At the time of writing, it was up 3.12% at $0.00000751, although still below its year-high of $0.000016 from February.
Saturday’s rise came despite the rest of the financial markets, especially risk assets, dropping due to some strong data that sparked fears of more potential rate hikes from the Fed.
Incidentally, Bone ShibaSwap (CRYPTO BONE), the governance token of the ShibaSwap decentralized trading system belonging to the Shiba Inu Coin project, has outperformed, with a 5.06% gain.
Shiba Inu lead developer Shytoshi Kusama recently wrote in a blog post that the title sponsor of the Blockchain Futurist Conference, Shibarium Ecosystems, will be releasing the film Worldpaper.
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See Also: Best Cryptocurrencies
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