Shiba Inu meme coin crashes 45% from its 2024 peak

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Shiba Inu meme coin crashes 45% from its 2024 peak
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Shiba Inu (SHIB) price declined to an intraday low of $0.00002366 on Wednesday, a.nearly 45% drawdown from its year-to-date peak.

Shiba Inu holders have realized gains on their

holders have consistently taken profits for nearly two weeks, between March 4 and 18, a factor that has likely contributed to the sharp correction. Also read: Shiba Inu Price Prediction: holders. This has happened alongside the asset’s price correction. Network Realized Profit/Loss. Source: Santiment Moreover, Shiba Inu has observed a decline in address activity. Both the number of active addresses and the Network Growth are in a downward trend, signaling a decline in interest from market participants. Shiba Inu Active Addresses and Network Growth.

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