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SHIB News: Community Pushes for SHIB-Focused ETF

SHIB News: Community Pushes for SHIB-Focused ETF

Author:
SHIB News
Published:
2025-03-09 02:41:46
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The Shiba Inu (SHIB) community has embarked on a campaign to push for the creation of a SHIB-focused exchange-traded fund (ETF). This move aims to bring the popular cryptocurrency to a wider audience and increase its market presence.

Shiba Inu (SHIB) Community Advocates for ETF

The Shiba Inu (SHIB) community is advocating for a SHIB-focused exchange-traded fund (ETF), urging major asset management firms like BlackRock and Grayscale Investments to consider the move. A Change.org petition directed at Grayscale CEO Michael Sonnenshein has surpassed 16,666 signatures. Influential SHIB group “Shibzens” have outlined compelling reasons for a SHIB ETF, emphasizing the cryptocurrency’s massive and highly engaged community with millions of holders actively participating in the SHIB ecosystem.

Shiba Inu Price Could Rise With Shibarium Transactions Up

Shiba Inu may experience a price increase as activity on Shibarium rises. The network has processed 947 million transactions and is projected to reach 1 billion soon, up from the 500 million milestone in November. Additionally, the number of wallets on Shibarium has increased from 100 million in January to more than 124.5 million, indicating wider adoption.

SHIB Predicted to Fall as Lightchain AI Features Anticipated to 50x

Shiba Inu (SHIB) has been a popular meme coin, but analysts warn of potential price decline as the market shifts towards high-utility projects. Investors are increasingly seeking blockchain projects with real-world use cases and long-term growth potential. Lightchain AI, a rapidly growing blockchain ecosystem, is attracting attention with its unique features expected to drive its value up by 50x in March, making it an appealing choice for investors.

Which Is The Better Buy In 2025: Shiba Inu (SHIB) or Remittix (RTX)?

Crypto enthusiasts debate which tokens will stand out in a volatile market. Shiba Inu (SHIB), famous for its community-driven rallies, and Remittix (RTX), a DeFi newcomer focused on solving remittance problems, are two names cropping up. Shiba Inu recently made headlines with a 3200% increase in burn rate, removing 30 million coins from circulation in less than 24 hours. With a supply of around 584.34 trillion coins and 410.49 trillion burned, the token’s future gains are uncertain.

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