Post
Topic
Board Altcoin Discussion
Re: What Does USDC Coin Market Cap Rise Mean? (SHIBA INU)
by
batang_bitcoin
on 07/11/2021, 23:00:42 UTC
Do you think this could herald a parabolic SHIBA INU rise?
No, it's still the demand of shiba inu that will make the rise. Maybe there's this logic from what we've been seeing from these stable coins. Like with more printing of Tether and the sudden price pump for bitcoin. But I don't think it's that applicable to USDC/Shiba. It just so happen that there's a larger demand and Coinbase has to take that opportunity of making the pair possible since there's a large demand for shib.