$Like a "roller coaster", this is how the price of Shiba Inu has behaved today, because after reaching levels close to $0.000045, its price corrected to the current $0.00003165 at the time of writing this article. It is now trading at daily losses of 9.6%.

The SHIB correction occurs at a time when the price of Bitcoin also shows a 3.3% decline in the last 24 hours. Although there does not seem to be a compelling reason to push the price of SHIB to this correction, given that BTC on several exchanges exceeded its all-time high, reaching $69,200 on this day.

There are still no reasons to explain this correction in Shiba Inu, but at the moment everything indicates that it is simply a capitulation after a great rise.