The latest Shiba Inu price prediction shows a downward trend for the SHIB coin. Recently, the token has seen noticeable declines, leaving traders cautious while searching for the next best opportunity.
Polish parliament falls short in attempt to restore crypto bill after presidential veto
Poland’s lower house has fallen short in its attempt to overturn President Karol Nawrocki’s veto of the proposed Crypto Asset Market Act, delaying efforts to introduce uniform rules for the country’s digital asset sector. The setback leaves policymakers without a clear regulatory path at a time when calls for oversight continue to intensify.
The draft legislation, put forward by Prime Minister Donald Tusk’s administration, was designed to bring Poland in line with the European Union’s MiCA framework. Although introduced earlier this year, the proposal did not gather the supermajority needed to override the president’s decision.
According to reports, President Nawrocki rejected the bill on the grounds that it posed risks to civil liberties, private property, and national stability. With the veto now upheld, the government will be required to restart the legislative process from scratch.
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Shiba Inu price prediction: SHIB continues downward trend
While the rest of the crypto market saw a very eventful November with gains and losses, Shiba Inu remained neutral, and so did the Shiba Inu price prediction. However, the token has now slipped back into bearish territory after dropping over 5% in the last 24 hours.
The decline adds pressure to already weak Shiba Inu price prediction as the memecoin continues to struggle for an upward movement despite occasional market-wide rebounds. Traders note that buying interest has reduced, leaving SHIB vulnerable to further drops if sentiment does not improve soon.
XRP continues to decline, but analyst believes breakout is possible
XRP has struggled to maintain upward momentum this week, extending its decline after falling 3% on December 5. The token is currently trading around $2.02, reflecting the uncertainty of the market as some assets attempt to recover from recent volatility.
Despite this decline, market analyst AliCharts believes a bullish breakout is still possible . According to his assessment, if XRP can break past $2.28, the token could open the door to a stronger rally toward $2.75, a level that would mark a significant shift in its trajectory.
Conclusion
FAQs
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DeepSnitch AI is positioned for massive growth, potentially outperforming most tokens in the market.
What is the future Shiba Inu market outlook?
Shiba Inu adoption trends show mixed performance with short-term volatility.
Which crypto can deliver 200x returns?
While most coins are limited in growth because of their high valuation, DeepSnitch AI stands out with true growth potential. Better yet, it has room for growth, making it a strong candidate for explosive returns.
