Shiba Inu Surges 10.5% as New Exchange Listing and Ecosystem Update Anticipation Drive Price
Shiba Inu (SHIB) jumped 10.49% after being listed on a new US exchange, which introduced additional USDT trading pairs, and following hints of an upcoming ecosystem update.
Around 110 billion SHIB tokens were withdrawn from exchanges, reducing the available supply for trading.
The move was driven by anticipation of an August announcement from core developers, although specifics were not disclosed.