Why Shiba Inu (SHIB) Is Nosediving
Portfolio Pulse from Henry Khederian
Shiba Inu (SHIB) is down 6.46% amid overall cryptocurrency market weakness, following the SEC's lawsuit against Binance for alleged U.S. securities violations. Binance is the largest cryptocurrency exchange in the world by trading volume.
June 05, 2023 | 6:03 pm
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Shiba Inu (SHIB) is experiencing a decline due to the SEC's lawsuit against Binance, the largest cryptocurrency exchange, for alleged U.S. securities violations.
Shiba Inu (SHIB) is directly impacted by the overall weakness in the cryptocurrency market, which is a result of the SEC's lawsuit against Binance for alleged U.S. securities violations. As Binance is the largest cryptocurrency exchange, this news has a significant negative impact on the market, including SHIB.
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