Shiba Inu (SHIB) has yet to fully rebound from the bearish onslaught it suffered in June when its price plunged by over 32%. At press time, Shiba Inu trades around $0.00001709, down 1.7% in the last 24 hours. Despite the underwhelming performance, the crypto community remains hopeful about the asset’s rebound, considering its history and […]
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- Shiba Inu price is down, but a U.S. air purifier company now accepts SHIB with a discount.
- Coinbase plans to launch SHIB futures trading by July 15.
- These developments signal potential growth for Shiba Inu despite its current price slump.
Shiba Inu (SHIB) has yet to fully rebound from the bearish onslaught it suffered in June when its price plunged by over 32%. At press time, Shiba Inu trades around $0.00001709, down 1.7% in the last 24 hours.
Despite the underwhelming performance, the crypto community remains hopeful about the asset’s rebound, considering its history and positive developments surrounding it.
One such development was the announcement by Kronos Advanced Technologies Inc., a U.S.-based air purifier company, that it will accept Shiba Inu as payment. Kronos announced its acceptance of SHIB in exchange for its products in a June filing with the U.S. Securities and Exchange Commission.
In the filing, Kronos highlighted that as of 2024, approximately 1.38 million wallets hold Shiba Inu, emphasizing that the figure reflects the widespread ownership and popularity of SHIB among crypto enthusiasts.
The post Shiba Inu Bulls Eye Recovery: Kronos Adoption and Coinbase Futures Boost Sentiment appeared first on Coin Edition.
