Shiba Inu Rallies 24% Weekly, Reclaims $0.0000061
- —SHIB rose 24% weekly, reclaiming $0.0000061
- —The rally coincided with Bitcoin's return above $86,000
- —The Fed's 25 bps rate hike weighs on memecoins
- —Target is $0.00001, but the CLARITY Act failure caps risk appetite
Why it matters: The memecoin rally signals returning risk appetite, but sustainability hinges on ETF inflows and Fed policy.
Source: Watcher Guru