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Cryptocurrencies Price Prediction: Cryptos, UniSwap & Shiba Inu – American Wrap 22 May

Hong Kong leaves the door open to Ethereum killers Cardano, Solana, AVAX, MATIC and LINK

Hong Kong’s independent statutory body charged with the regulation of the securities and futures market shared a general framework for assets to be included in retail transactions, earlier today. 
Uniswap (UNI) price was on good terms to stage a bullish breakout as a knee-jerk reaction got underway on Tuesday. That price action attempted to stop bears in their tracks by pushing the price action above $5.22. Unfortunately, the attempt failed as the bears saw the coup coming and already pared back the gains a few hours later. Expect to see a possible further continuation as Uniswap's price looks unfit to head higher and instead could drop below $4.95.
Shiba Inu, one of the largest meme coin projects in the crypto ecosystem, is gearing up to compete with Ethereum layer-2 blockchains. Scaling solution Shibarium’s test network Puppynet surpassed 11 million transactions. 
 

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