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Shiba Inu Continues Decline, Sinks To 15th In Market Cap List

More than one month following the FTX collapse, SHIB has continued its struggle as the meme coin has been unable to put together any bullish momentum. While the rest of the market was also hit hard by the crash, other top coins have been nonetheless able to show at least a little recovery. Shiba Inu, on the other hand, has moved virtually sideways since then, and thus still finds itself down almost 30% in the period.

At the time of writing, SHIB is trading around $0.00000887, down 0.5% in the last 24 hours. Here is a chart that shows the trend in the meme coin’s value during the past month:

(by Hououin Kyouma)

Shiba Inu Shiba Inu $0.00
-1.86%
Shiba Inu SHIB
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