The post Shiba Inu (SHIB) Finally Showing Bullish Signs, Grayscale XRP Trust Could Pave the Way for an ETF, Rexas Finance (RXS) Presale Surpasses $1.7M in a Jiffy. appeared on BitcoinEthereumNews.com.

The cryptocurrency buzz can be heard due to the happenings taking place and the current developments. There have been a few important things that have happened in the last few weeks. The much-anticipated Shiba Inu (SHIB) finally displayed hope with a huge bullish run, the Grayscale XRP Trust looks to be on the verge of declaring an ETF and even more impressively Rexas Finance (RXS) is making noise after hitting over $1.7M on presale.  Let us look at where the changes are taking us and their importance. Shiba Inu (SHIB) Bullish Signs, No More Hibernation Shiba Inu (SHIB), which is one of those meme coins in the evolving ecosystem of cryptocurrency, is back in the headlines again. Shiba Inu went silent for a while and retested the $0.00001125 support level before an 86.01% jump. This increase from the recent low captured the attention of traders and analysts of a possible uptrend. For the investors of SHIB, this may be the beginning of the great as the token seems to lose its weakness and start upturn on the market.In the past few months, SHIB has made some gains due to market trends and interest in meme tokens. Also, since its wallets made their transitions, additional work on projects such as ShibaSwap and NFTs brings the investors more utility of the token. This price increase has given the SHIB Army a glimmer of hope that this token may now be free from historical trends and standing a good chance of recording substantial profits over the next few months. Grayscale XRP Trust Could Pave the Way for an ETF In the background, the news about the establishment of the Grayscale XRP Trust is a potential shift for the whole cryptocurrency space. This is especially so for a properly forecasted XRP ETF that in…

---

Filed under: News - @ October 3, 2024 12:24 pm