Shiba Inu Owners Turn Their Eyes to 99BTC ICO, Hoping for 1,000% Profit
Shiba Inu-SHIB went with the crypto market's bearish trend, falling 6.69% by Tuesday afternoon. This came as investors explored new opportunities, most notably the successful initial offering of 99Bitcoins (99BTC), which aims to achieve 1000% profits.
The positive momentum surrounding Bitcoin (BTC) has prompted investors who no longer want to chase traditional meme currencies - such as #Shibalnu - to explore the more active part of the digital currency market.
This comes - especially - after the approval of the establishment of spot Bitcoin exchange-traded funds (spot Bitcoin ETFs) and the Bitcoin halving event last April. Demand for it is expected to increase thanks to the growing level of interest in it and its adoption by major participants in traditional financial markets.
The wave of enthusiasm surrounding Bitcoin led to the digital currency learning platform 99Bitcoins exceeding its funding goal by raising more than $2 million during the IPO of its base currency, 99BTC.
