Why Altcoins Like Shiba Inu and Cronos Were Zooming Higher Today
A frothy equity market and some positive developments on the cryptocurrency front were driving altcoins higher in late afternoon trading Tuesday. Shiba Inu (CRYPTO: SHIB) was up nearly 3% across the preceding 24 hours, while Cronos (CRYPTO: CRO) was teasing a 2% gain. Ethereum Classic (CRYPTO: ETC) and Lido Staked Ether (CRYPTO: STETH) were doing even better, with both reaching nearly 9%.