Why Shiba Inu Is Plummeting Today | The Motley Fool

Jan 7, 2025 · 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 ...

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Why Shiba Inu Was Falling Today | The Motley Fool

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Shares of Shiba Inu (SHIB-1.86%) continued to trend lower today as one report showed that trading activity in the meme coin had hit a 12-month low, a sign that the meme-fueled boom that sent the cryptocurrency skyrocketing last year was fading. At the same time, the fallout from Robinhood's (HOOD-0.29%)layoff announcement last week also seemed to w...

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Why Altcoins Are Plummeting Today | The Motley Fool

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Dec 19, 2024 · The popular meme token Shiba Inu (SHIB-2.06%) saw its price fall 11.5% over the last day of trading. Meanwhile, Cardano ( ADA 1.93% ) was also down 11.5% across the …

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

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Jun 25, 2024 · Why did Shiba Inu's price drop 30% in a month? As a meme crypto with a market cap of $9.7 billion, Shiba Inu is more prone to volatile swings than other larger cryptocurrencies.

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Why Cryptocurrencies XRP, Dogecoin, And Shiba Inu Are Falling …

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Dec 18, 2024 · Become a Motley Fool member today to get instant access to our top ... and Shiba Inu Are Falling Today. By Bram Berkowitz – Dec 18 , 2024 ... and Shiba Inu (SHIB-0.89%) …

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Why Cryptocurrencies XRP, Dogecoin, And Shiba Inu Are Falling …

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Dec 18, 2024 · The meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) traded 4.3% and 4.6% lower, respectively. Start Your Mornings Smarter! Wake up with …

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Why Shiba Inu Is Plummeting Today - Sharewise

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Jan 7, 2025 · Shiba Inu (CRYPTO: SHIB) 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, Pepe, And Dogwifhat Are Plunging Today - Yahoo …

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Jun 17, 2024 · From early March, Shiba Inu's Shibarium has seen its TVL shrink from around $3.9 million to $1.9 million today, with the downtrend continuing over the past day.

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

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. ...

Why are Shiba Inu shares trading lower?

Shiba Inu ( SHIB 2.93%) shares were trading lower today due to a sign that trading activity in the meme coin had hit a 12-month low. This indicates that the meme-fueled boom that sent the cryptocurrency soaring last year may be fading. ...

What's happening with Shiba Inu?

Shiba Inu was down 3.2% over the last 24 hours as of 5:31 p.m. ET. The fallout from Robinhood's ( HOOD -0.69%) layoff announcement last week seemed to weigh on Shiba Inu, as Robinhood had just started allowing users to trade SHIB and is often associated with meme investing. ...

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. ...

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. ...

Why has Shiba Inu risen 107% over 2024?

Even on the heels of recent pullbacks, Shiba Inu's token price has risen by roughly 107% across 2024's trading. These gains have largely been propelled by speculative investing, meme coin momentum, and expectations that the incoming Trump administration will take steps that promote the growth of the crypto market. ...