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11/30 08:53

Shiba Inu Set for Key Catalysts in December

Shiba Inu Set for Key Catalysts in December
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  • SHIB will be stronger due to the introduction of an upcoming ETF, a futures listing, and more access to its derivatives market.
  • Shiba Inu will start utilizing AI, while continuing to build encrypted smart contracts and update the Shibarium.
  • Technical indicators indicate a trend that would push the price of SHIB to rise.

A variety of changes may be experienced by the Shiba Inu next month and may influence the trend of its price. This could also bring in more investors as a result of a fresh positive sentiment in the market.

SHIB Records Important Developments

The biggest news is that T. Rowe Price made a filing to the SEC, through NYSE Arca. It is requesting a change to its Active Crypto ETF.

Shiba Inu just got another nod from TradFi.

NYSE Arca filed the rule change for the T. Rowe Price Active Crypto ETF, and SHIB is officially listed as an eligible asset inside the fund.

Another sign that regulated products are starting to treat SHIB as part of the core crypto… pic.twitter.com/cdaL5SjwJS

One of the listed assets is SHIB, and if it is approved, it may shorten the timeframe for introducing the product. The inclusion of SHIB in the ETF will point to the inclusion of the token into mainstream finance.

Coinbase will also roll out a Shiba Inu-themed perpetual futures product to its clients in the United States. The futures will become available monthly on December ,5 and the SHIB perpetual contract will commence trading on December 12.

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