A Texas-based crypto company, Lejilex, along with the Crypto Freedom Alliance of Texas (CFAT), has filed a lawsuit against the US Securities and Exchange Commission (SEC), alleging ‘regulatory overreach’ and seeking ‘clarity on the classification of digital assets.
Crypto analyst Ali Martinez has provided a bullish narrative for the Shiba Inu price action, increasing the possibility of the meme coin inching closer to its all-time high (ATH). This is coming at a time when the crypto token’s fundamentals look to be stronger than ever.