SHIB Price Volatility Amidst Green-List News and Apeing Pre-Launch Plans
The price of SHIB has been affected by several factors in recent days. On August 24, it traded near $0.0000055 after a roughly 11.8% decline over the previous 24 hours.
Nomura's announcement on August 21 that Laser Digital Japan had registered with Japan's Financial Services Agency is also relevant. The registration included SHIB as one of the assets, but this context should not be taken to predict the token's next move.
Apeing, a pre-launch project, has announced plans for a $0.0001 Stage 1 price and expects a presale around early September. Its promotional materials mention a $0.01 listing target, equal to a 100x span from Stage 1.