Why Shiba Inu Is Plummeting Today | The Motley Fool

Jan 7, 2025 · Shiba Inu (SHIB 1.59%) is seeing big sell-offs in Tuesday's trading. The cryptocurrency's token price was down 8.2% over the last 24 hours -- a period that also saw …

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Why Shiba Inu Is Plummeting Today | The Motley Fool

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Jan 7, 2025 · Shiba Inu (SHIB 1.59%) is seeing big sell-offs in Tuesday's trading. The cryptocurrency's token price was down 8.2% over the last 24 hours -- a period that also saw …

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Shiba Inu Coin Could Easily Go To $0 | The Motley Fool Canada

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The first thing to note about Shiba Inu Coin is that it has no intrinsic value. That is to say, there are no cash flows underlying it. Normally, investments are valued based on the cash they hold, including future cash earnings. Shiba Inu Coin doesn’t have any of that. Neither do any other cryptocurrencies or even fiat currencies, for that matter. ...

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Why Shiba Inu Is Sinking This Week | The Motley Fool

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The Shiba Inu (SHIB 1.41%) cryptocurrency has seen big sell-offs in this week's trading. The popular meme coin was down 22.7% over the last seven days of trading as of 4 p.m. ET …

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Here's Why Shiba Inu Plunged 30% This Month - Yahoo Finance

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Jun 25, 2024 · Shiba Inu's (CRYPTO: SHIB) price has declined 30% during the past month and underperformed many other cryptocurrencies. During the same period, Bitcoin 's (CRYPTO: …

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Could Shiba Inu Eventually Go Down To $0? – Pixel Shibainu

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According to data from CoinMarketCap.com, investors with the luck, stomach, and wherewithal could have purchased Shiba Inu tokens for $0.000000000073 at the stroke of midnight on Jan. …

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Shiba Inu Has Plummeted 41% From Its 52-Week High. Is It Time …

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Dec 26, 2024 · Shiba Inu is still down from its 2021 high Shiba Inu reached an all-time high of $0.000086 in 2021, and it ended that year with a total gain of 45,278,000%, which remains …

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Can Shiba Inu Reach $1 In 2025? The Answer Will Make Your Head …

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Jan 5, 2025 · The Shiba Inu (CRYPTO: SHIB) cryptocurrency opened at a price of $0.00000000008 per token in 2021 before soaring by a whopping 107,499,900% to a peak of …

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Shiba Inu Coin Could Easily Go To $0 By The Motley Fool

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Jun 30, 2022 · Shiba Inu Coin Could Easily Go to $0

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Shiba Inu Coin Could Easily Go To $0 - Yahoo Finance Canada

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Jun 30, 2022 · Caution, careful. Written by Andrew Button at The Motley Fool Canada. Shiba Inu Coin (CRYPTO:SHIB) was one of 2021’s most popular meme coins. Rising several million …

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Could Shiba Inu Eventually Go Down To $0? - Sharewise

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Jun 11, 2022 · For well over a century, the stock market has been a wealth-creating machine. Even though stocks might underperform other investment channels from time to time, the …

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Could Shiba Inu Fall 90% (or More)? Here's What History Suggests

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Nov 2, 2021 · Shiba Inu has delivered life-altering gains in a little over a year. Taking into account an intraday price of $0.00008841 on Oct. 27, SHIB tokens have rallied 17,335,194% since it …

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Can Shiba Inu Burn Its Way To $0.001? - Nasdaq

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Jun 13, 2022 · Shiba Inu certainly can burn its way to $0.001. The path to achieving the goal is strikingly simple. All we have to do is look at the economic laws of supply and demand.

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Shiba Inu Has Plummeted 41% From Its 52-Week High. Is It Time …

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Dec 26, 2024 · Shiba Inu reached an all-time high of $0.000086 in 2021, and it ended that year with a total gain of 45,278,000%, which remains one of the best annual returns in the history of …

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Shiba Inu Is Down 60%, And It Could Get Worse In 2022

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Dec 31, 2021 · Although Shiba Inu is the undisputed meme-token king right now, it was handed the torch by the strikingly similar Dogecoin (DOGE 4.00%), which also uses an image of the …

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2 Things Shiba Inu Investors Could Learn From Dogecoin's Collapse

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Nov 8, 2021 · There are a whopping 549 trillion Shiba Inu tokens in supply at the moment, which is why the cumulative value of all the tokens is over $30 billion, despite its tiny price of …

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FAQs about Why Shiba Inu Is Plummeting Today | The Motley Fool Coupon?

Is Shiba Inu a sell-off?

Shiba Inu (SHIB 0.14%) is seeing big sell-offs in Tuesday's trading. The cryptocurrency's token price was down 8.2% over the last 24 hours -- a period that also saw Bitcoin 's price fall 5% and Ethereum 's price fall 7.4%. Shiba Inu is losing ground amid a significant pullback for the broader cryptocurrency market. ...

Does Shiba Inu have a supply problem?

Not only does Shiba Inu lack those features, but it also has a supply problem. More than 589.2 trillion tokens are in circulation, which is why each token trades at such a low price of $0.000036. 589.2 trillion tokens multiplied by $0.000036 per token equals a market capitalization of $12.5 billion. ...

Will Shiba Inu & other cryptocurrencies struggle if inflation ticks up?

If inflation ticks up and interest rate cuts are pushed further out, Shiba Inu and other cryptocurrencies could struggle. Shiba Inu (SHIB 0.14%) is seeing big sell-offs in Tuesday's trading. The cryptocurrency's token price was down 8.2% over the last 24 hours -- a period that also saw Bitcoin 's price fall 5% and Ethereum 's price fall 7.4%. ...

Is Shiba Inu a good investment in 2021?

Cryptocurrency Shiba Inu delivered historic gains in 2021. However, no shortage of headwinds could weigh on the ultra-popular digital currency moving forward. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. ...

How much is Shiba Inu worth?

589.2 trillion tokens multiplied by $0.000036 per token equals a market capitalization of $12.5 billion. So, for Shiba Inu to trade at a more normal price of $1 per token, simple math suggests its market capitalization would have to be at least $589.2 trillion. ...

Why is Shiba Inu falling today?

Shiba Inu is falling today because new data from the Bureau of Labor Statistics showed more job openings than expected. Investors are worried that the jobs data could be a bad sign for inflation. If inflation ticks up and interest rate cuts are pushed further out, Shiba Inu and other cryptocurrencies could struggle. ...