Why Shiba Inu Plummeted Another 9% Today, Bringing Decline From Peak to 60%

Today, popular dog-themed cryptocurrency Shiba Inu (CRYPTO: SHIB) saw declines of 9.2% as of 1:15 p.m. ET, over the past 24 hours. This decline greatly outpaced the broader move seen in the crypto market, which has sunk 6.5% since yesterday.

Yet another significant near-double-digit daily decline has now brought Shiba Inu more than 60% below its all-time high.

In October, Shiba Inu was within spitting distance of "killing a[nother] zero," moving toward $0.0001 per token. However, since hitting a high of $0.00008845, Shiba Inu has declined to $0.000034 at the time of writing.

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Source Fool.com