Investors in meme cryptocurrency Shiba Inu coin have seen some serious volatility of late. Indeed, Shiba Inu has been one of the most-discussed cryptocurrencies in recent days, as a variety of Shiba Inu cryptocurrency news continues to come in.
One of the keys to note with Shiba Inu is the inclusion on the Coinbase Pro platform. Coinbase announced on June 15 that SHIB Coin would be available for trading on Coinbase Pro starting June 17. However, technical delays announced a day later have resulted in cryptocurrency enthusiasts being unable to access SHIB Coin on the Coinbase platform. These delays appear to be ongoing.
Let’s dive into what SHIB fans are saying about this delay right now.
Today, Shiba Inu price are recovering, with investors seeing gains of approximately 4% at the time of writing. However, trading volumes and SHIB price have declined in recent days. As Writer Brenden Rearick points out, a lot of this has to do with the Coinbase delays.
Indeed, SHIB fans are not happy with this. Various tweets have come out asking for an explanation. A lack of updates from the official Shiba Inu account and from Coinbase pro has driven price lower, though today’s Shib stabilization is a good sign. It is also worth noting that a widespread cryptocurrency crash is at play, too.
Additionally, Defi auditor CertiK announced earlier this week the company will be auditing the SHIB token. This move provides legitimacy to SHIB, and cryptocurrency investors seem to like the news. This appears to be another driving factor behind today’s rise.
That said, uncertainty with the timeline of both the Coinbase listing and the CertiK audit is likely to provide volatility for some time. As with all cryptocurrency holdings, investors should remember to practice proper portfolio discipline in sizing positions accordingly.
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