Market Overview
The cryptocurrency market is experiencing a sharp downturn, with most assets in the red. However, meme coins like Shiba Inu (SHIB) have been hit even harder, posting significant losses. SHIB has declined by 11% in the past 24 hours, plunging to a multi-month low and breaking below a crucial support level.
SHIB’s Recent Performance
Shiba Inu enjoyed substantial gains during the post-election crypto rally, surging from approximately $0.000016 to a multi-month high above $0.000033. This represented a 100% increase within a month, with its peak occurring on D
ecember
Disclaimer:
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and investing in digital assets carries significant risk. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. The author and publisher are not responsible for any financial losses incurred based on the information provided in this article.