Shiba Inu might be getting ready to jump in price. There have been some positive developments recently that are making investors excited about it. This could be a sign that the price is going to go up soon.

Shiba Inu is now listed on a new crypto exchange called backpack Indicating more buying and selling of SHIB, which can increase the price.

Investors are seeing this as an opportunity with SHIB ETF. If the ETF gets approved, it could be a big win for SHIB because it would make it easier for people to invest in it.

Shiba Inu Gains A Positive Momentum

Investors are jumping on the SHIB wagon because there’s been a massive increase in trading activity recently, with a whopping 379.61 billion SHIB tokens being bought in just 24 hours.

Whales are accumulating SHIB, which could be a sign that they expect the price to go up. More and more regular investors are interested in SHIB, driving up demand.

SHIB recently listed on a new exchange called Backpack, making it easier for people to buy SHIB. There are positive signs for SHIB based on data, suggesting the overall sentiment is bullish (optimistic about price increase).

Shiba Inu ETF, A Dreams or Distant Reality?

The creator of Shiba Inu, a popular meme coin, hinted that there might be a Shiba Inu ETF someday. This follows the news of a successful launch of an ETF for Ethereum.

An expert believes this could be a sign of wider acceptance for cryptocurrencies overall. SHIB fans previously tried to convince a big investment company to create a SHIB ETF.

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