Shiba

Boost

when

Shiba Inu

Coin

<ul class="news-points">
 <li>Shiba Inu price is down, but a U.S. air purifier company now accepts SHIB with a discount.</li>
 <li>Coinbase plans to launch SHIB futures trading by July 15.</li>
 <li>These developments signal potential growth for Shiba Inu despite its current price slump.</li>
</ul>
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 <a href="https://www.sec.gov/Archives/edgar/data/1108248/000110824824000004/shibainunewskronos_form_.htm" target="_blank" rel="noopener noreferrer nofollow">June filing</a> 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 <a href="https://coinedition.com/shiba-inu-bulls-eye-recovery-kronos-adoption-and-coinbase-futures-boost-sentiment/" rel="noopener noreferrer nofollow">Shiba Inu Bulls Eye Recovery: Kronos Adoption and Coinbase Futures Boost Sentiment</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Shiba Inu Bulls Eye Recovery: Kronos Adoption and Coinbase Futures Boost Sentiment

Coin Edition

Other articles published on Jul 2, 2024

Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63K

Peter Thiel’s Fund Leads $85M Seed Round in Sentient AI

Blofin Shares What to Expect for Bitcoin (BTC) This Week

Cardano updates MiCA compliance indicators 6 months ahead of the curve

Bitcoin Price Drops Below $62,000 After Initial Rise

Cardano Rises More Than 3% In 24 hours

Join our free newsletter for daily crypto updates!