Shiba Inu Classified as Digital Commodity, AlphaPepe Emerges as Potential Next Big Thing
The SEC and CFTC have made a significant move in the world of cryptocurrencies by jointly classifying Shiba Inu as a digital commodity. This development removes regulatory uncertainty surrounding SHIB's status and opens the door to institutional products such as ETFs and listed derivatives.
Despite this, the price of SHIB has remained flat, with volume below previous spikes seen during rallies. The $12 billion market cap of SHIB limits its potential for upside, making it unlikely that commodity status alone will spark a new bull run.
