Shib Coin Daily 5/9/2022
Hello and welcome to Shib Coin Daily.
It’s been yet another day in the red for most of the crypto space, including Shiba Inu, causing more articles to be released calling the complete fallout of Shiba Inu Token.
Until the rest of the crypto market turns around, we cannot point out Shib with doom and gloom outside of the rest of the market.
We also cannot ignore the continuous slide downward that Shiba Inu is on, and wonder when it will turn around for not only Shib, but the rest of the cryptocurrency market.
Disclaimer: The opinion expressed here is not investment advice — it is provided for informational purposes only. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Dycrypt takes a look at Shiba Inu’s seven month low while also being the 15th most valued cryptocurrency.
Coin telegraph also discusses the wide market decline including the increased drop for Shib despite the recent announcement that luxury brand Gucci would be accepting Shiba Inu as payment. Even with the adoption from a major brand, the market has all but ignored the news.
On a positive note, Ichimoku (ICHIMOKU) token will launch on Binance Smart Chain on Wednesday May 11, 2022. This launch is a temporary start to the future plan of migrating to Shibarium Mainnet after the Shibarium launch.
Until Next Time…
To The Moon…
