Shiba Inu (SHIB) has announced a crucial partnership with Atomic Wallet to expose its tokens to over five million users. Meanwhile, Ethereum (ETH) saw a price surge after BlackRock took a significant step ahead in the approval of a spot Ethereum ETF. However, a new coin is gaining traction as it aims for a $100 million market cap.
Let’s explore what this new emerging crypto coin is and why some crypto enthusiasts are looking into it and considering it a contender for the cryptos to watch out for!
Shiba Inu Announces Integration With Atomic Wallet, SHIB Soars
On November 15, 2023, Shiba Inu confirmed the integration of Atomic Wallet, a prominent non-custodial decentralized wallet, into its platform. This integration marks a strategic move for Shiba Inu, allowing the wallet’s expansive user base of 5 million to access the Shibarium blockchain seamlessly.
The announcement highlights Atomic Wallet’s newfound support for Shibarium-native cryptocurrencies, including SHIB, LEASH, and BONE. Since its launch in August, Shibarium has rapidly gained adoption, processing nearly 3.5 million transactions within its initial 90 days.
Following the news of the integration, the market responded with a notable surge in the price of Shiba Inu. On November 15, the SHIB price stood at $0.000008343, and after the announcement, SHIB experienced a substantial increase of 9.7%, reaching $0.000009156 by November 16. But has since experienced a decrease in price to $0.000007947 as of November 22.
Per SHIB price prediction, some enthusiasts anticipate a bullish trajectory for Shiba Inu. Projections indicate that SHIB could experience an impressive surgeby 2024.
This optimistic outlook is grounded in anticipating an upcoming bull run, coupled with the positive impact of recent partnerships and integrations.
However, a more conservative forecast suggests that SHIB may maintain a more modest level in 2024, acknowledging the potential influence of bearish sentiments in the market.
BlackRock Registers Ishares Ethereum Trust in Delaware
In a pivotal move on November 9, 2023, Blackrock took a significant step in the crypto space by formally recording its Ishares Ethereum Trust with Delaware’s Division of Corporations.
The official document, dated November 9, identifies the trust as statutory and acknowledges Blackrock…
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