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Litecoin and Shiba Inu: 2 altcoins showing signs of recovery to watch closely this week
In August, many altcoins such as Litecoin continued to face a strong correction along with Bitcoin. However, some are showing signs of recovery and these altcoins notably Shiba Inu (SHIB) and Litecoin (LTC).
The Shibarium launch faced major setbacks as the price of the Shiba Inu (SHIB) corrected 30 percent from its peak. As of press time, the Shiba Inu (SHIB) is trading at $0.0000079 with a market cap of $4.7 billion.
On the other hand, the positive development is that a large number of SHIB coins have been released from the exchanges recently. Over the past week, more than 2 trillion SHIB tokens have been removed from exchange wallets.
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