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.
Source: coinedition.com ↗
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