Coinbase has unveiled plans for future Shiba Inu (SHIB) futures contracts, which have received approval from the Commodity Futures Trading Commission (CFTC). This announcement coincides with a period of decline in SHIB’s value. Recently reaching its lowest point in four months at $0.00001522, the cryptocurrency is currently trading at $0.00001518, marking an 8% decrease. Despite a substantial 36% drop over the past month, trading volume has surged by 35%.
Is This the Catalyst for a Potential Resurgence in SHIB Bull Market
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