Shiba Inu defies crypto market bears with over 30% return in a year, outperforms Bitcoin
— Shiba, Bitcoin, Crypto, Outperforms, Market, Withdrawals, Return, Mining, Miners, Bears — 1 min read
Shiba Inu is one of the top stablecoins listed on cryptocurrency exchanges. The token is inspired by a very special dog and has gained quite a popularity in a short period. The crypto market is struggling currently with the valuation diving below $880 billion on Tuesday. Bitcoin has erased its $20,000 mark and the yearly decline is more than 42% in a month. Meanwhile, Texas has emerged as the largest crypto-mining hubs by computing power in the world, nudging miners to shut down their mining machines for a heat wave that is expected to hit their power grid in the near future. Bitcoin mining network has pushed back 1,000 megawatts of capacity to be pushed back onto the grid in Texas and allows over 1% of the total Source