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Shiba Inu has dropped by 6.4% in the past 24 hours. SHIB’s 24-hour dip adds to the intense bearish pressure that has seen it lose 19% of its value over the past month. At the time of writing, SHIB was trading at $0.00001124.
SHIB drops by 6% today
Shiba Inu seems to be affected by the bearish sentiment pushing its price to lower lows. During the past 24 hours, SHIB has recorded $433 million in trading volumes, with its market cap dropping slightly to $6.63 billion.
SHIB fell off the top-ten ranking of the largest cryptocurrency by market cap a few months back, and it now ranks as the 12th largest cryptocurrency by this metric. SHIB recorded a massive bull run towards the end of last year and reached a new all-time high. However, it has since dropped by 86% from these levels.
Over the past few weeks, SHIB has struggled to find a stable...
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