Tokens Gain Amid Positive News Flow
After a Sunday surge, there is a bullish sentiment washing over the crypto market. Some tokens are performing exceptionally well. Here’s a shortlist of three we’ve singled out for their movement:
1. Shiba Inu: The second-most popular meme coin is in the news due to its token-burning mechanism. The burning of tokens helps to permanently remove some tokens from circulation, which should theoretically result in an increase in the price of the remaining tokens.