EddieJayonCrypto

 11 Jul 24

tl;dr

Shiba Inu's marketing lead, Lucie, has sparked discussions in the crypto industry with remarks about a potential SHIB ETF. Lucie highlighted the benefits of a SHIB ETF, such as accessibility for traditional investors, regulation, security, diversification, and increased demand. However, potential dr...

Shiba Inu's marketing lead, Lucie, spoke about the potential benefits and setbacks of a SHIB ETF. Lucie highlighted the benefits, including accessibility, regulation & security, diversification, and increased demand, but also pointed out potential setbacks such as centralization vs. decentralization, loss of direct ownership, reduced engagement, and costs & regulations. Meanwhile, SHIB's market performance showed a 1.57% price decrease, with the potential for a 30% price dump before a rally. The discussions sparked by Lucie's remarks have gained significant traction across the broader crypto market, fueling optimistic discussions within the global crypto community. Lucie emphasized the accessibility, regulation & security, diversification, and increased demand as key benefits of a potential SHIB ETF launch. However, she also highlighted potential setbacks, including centralization vs. decentralization, loss of direct ownership, reduced engagement, and costs & regulations. The 24-hour bottom and top prices for SHIB were recorded at $0.00001619 and $0.00001682, respectively. Shiba Inu’s 14-day RSI moved along the 42 marks, indicating that the asset is neither overbought nor oversold, with a potential 30% price dump before a rally, alongside the possibility of a SHIB ETF in the future.

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