How Inflation Data Could Impact Shiba Inu (SHIB) and Other Meme Coins
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The crypto market is experiencing a rally, driven by encouraging U.S. Consumer Price Index (CPI) data which fell to 3%, below the previous month's figure and the anticipated 3.1%. This unexpected economic improvement has sparked bullish predictions for various cryptocurrencies, particularly Shiba Inu (SHIB) and other meme coins. The positive CPI data has injected renewed optimism into the market.
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