Why Shiba Inu Bumped Higher on Wednesday
Shiba Inu (CRYPTO: SHIB) hasn't always been a popular animal with investors. Like other meme coins, it has been dogged by a reputation as a less-than-serious investment with less utility than other digital monies. On Wednesday, though, it was pulled up by a general rally in all manner of cryptocurrencies. This was due in no small part to a new push from the White House.
Wednesday saw President Trump make one of his frequent proclamations, and this one directly affects cryptocurrencies.
Image source: Getty Images.
Source Fool.com
