Let’s look at where the world of crypto is today, with major coins
Bitcoin, Ethereum, and Shiba Inu all down but projects like EverGrow reigniting the industry with the hint of a future in the metaverse. Shiba Inu rallied 17% in mid-January 2022 following a rumor that the popular trading app, Robinhood, will list the memecoin as early as February. Robinhood has over 23 million users.
SHIBA INU ROBINHOOD LISTING SAID TO COME AS EARLY IN FEB
this is about 6 months too late — zerohedge (@zerohedge)January 12, 2022
Despite these positive reinforcements, Shiba Inu’s price has fallen from the beginning of the year from $0.000034 to $0.000022 at the beginning of February 2022. In Bitcoin news, after falling below $40,000 on January 21 earlier this year, Bitcoin has rallied to get back its all-time highs of $68,000 last year. An increase in the US 10 Year Treasury yield spooked investors worldwide as the price dropped from over $57,000 at the beginning of January, and BitCoin is still down at $38,000 in February. Ethereum has seen a few substantial bounces over January, hitting a low of $2,200, before recovering above $2,700. With no specific updates coming from the Ethereum camp, it’s clear that this mainstream crypto is riding the ups and downs attributed to more traditional securities. Finally, news from Ever Grow confirms 100%” that this new cryptocurrency project will move to the metaverse sometime in 2022.
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