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Cryptocurrencies Price Prediction: Shiba Inu, Tron & Bitcoin — Asian Wrap 17 August

Shiba Inu price dips over 5% following the launch of Ethereum L2 chain Shibarium

Shiba Inu price began as a meme coin, but the Dogecoin-inspired token is now establishing its presence as a legitimate cryptocurrency network with the launch of its Ethereum-based layer-2 (L2) blockchain. Titled Shibarium, the chain will act as a medium for optimum utilization of dog-themed tokens.

TRX price declines despite Tron DAO joining Japan Cryptoasset Business Association

TRX, the ticker for the Tron DAO ecosystem, has continued its downtrend after breaking from a week-long consolidation, joining the rest of the altcoin community that is grinding south and following in Bitcoin’s (BTC) lacklustre moves. As top market capitalization tokens show a lack of volatility, the reduced liquidity has spelled open season for manipulators, and now investors are bracing for wilder moves ahead.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC grinds down despite surging open interest

Bitcoin (BTC) price is moving south, coming on the back of growing open interest growing and subsequent increases in liquidations. Ethereum is recording a similar market outlook, causing investors to wonder whether it is the work of manipulators. As BTC and ETH investors brace for a massive move, Ripple (XRP) price continues to whiplsahs and may whitewash all the ground covered on July 13 if bulls continue sitting on their hands.

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