Why Shiba Inu Is Plummeting Today | The Motley Fool

Jan 7, 2025 · Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More Why Shiba …

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

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Jun 25, 2024 · Shiba Inu was originally created as a light-hearted parody of Dogecoin, which itself was a parody of Bitcoin and other cryptocurrencies. But Shiba Inu can't be actively mined like …

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Why Shiba Inu Plummeted More Than 20% At Its Low This Week

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Nov 19, 2021 · 10 stocks we like better than Shiba Inu When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley …

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Why Shiba Inu Is Sinking This Week | The Motley Fool

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Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. ... Why Shiba Inu Is Plummeting Today. Can Shiba Inu Reach $1 …

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Why Shiba Inu Is Down Today, Despite 2 Key Catalysts

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Dec 29, 2021 · Today, Shiba Inu is down 3.5% over the past 24 hours, as of 11:45 a.m. ET. ... The Motley Fool is a multimedia financial-services company dedicated to building the world's …

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Why Altcoins Are Plummeting Today - Sharewise

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Dec 19, 2024 · The popular meme token Shiba Inu (CRYPTO: SHIB) saw its price fall 11.5% over the last day of trading. Meanwhile, Cardano (CRYPTO: ADA) was also down 11.5% across the …

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Why Shiba Inu Is Plummeting Again Today | The Motley Fool

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Dec 17, 2021 · Today's move in Shiba Inu comes alongside a continued plunge in the crypto market. Today, the total market capitalization of all cryptocurrencies has sunk by 6%, signaling …

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Shiba Inu Price Risks Decline As SHIB Faces Overvaluation

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4 hours ago · Shiba Inu’s price is above $0.00002093. However, current indicators suggest SHIB may lose the critical $0.00002093 support level. If this happens, the price could drop further, …

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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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Why Crypto's Meme Coins Are Crashing | The Motley Fool

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4 days ago · Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth ... Shiba Inu has dropped 11.7%, and Pepe is down 19.9% in just …

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

Why is Shiba Inu losing ground?

Shiba Inu is losing ground amid a significant pullback for the broader cryptocurrency market. Today's sell-offs have been triggered by new data from the U.S. Bureau of Labor Statistics (BLS) that has raised concerns about inflationary pressures and the outlook for interest rates. This morning, the BLS published job openings data for November. ...

Why is Shiba Inu so volatile?

As a meme crypto with a market cap of $9.7 billion, Shiba Inu is more prone to volatile swings than other larger cryptocurrencies. The crypto market warmed up again in the first half of 2024 as the approvals of Bitcoin's first spot price ETFs, Bitcoin's halving, and hopes for lower interest rates brought back the bulls. ...

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. ...

What happened to Shiba Inu (Shib)?

Meme-token Shiba Inu (SHIB 7.59%) was sitting on a year-to-date gain of 251%, but it has since plummeted 41% from its 52-week high. Shiba Inu staged an incredible run in 2021 when it delivered a return that could have grown a mere $3 investment into over $1 million. ...

Why is Shiba Inu so expensive?

Developers have tried to create new use cases for Shiba Inu, and they even launched Shibarium, which makes the token cheaper and more efficient to use in transactions. However, its price swings primarily on the whims of speculators, who buy it in the hope that someone is willing to pay a higher price in the future. ...