Crypto Crash: Over 80% Of Shiba Inu And Other Crypto Investors Are Underwater
Published by
Benzinga
Benzinga
The cryptocurrency market is currently experiencing a downturn, with a substantial portion of investors in Shiba Inu (CRYPTO: SHIB) and other cryptocurrencies facing losses. What Happened: According to data by IntoTheBlock, 83% of SHIB investors are seeing red despite last month’s launch of Shibarium. At the time of writing, SHIB was trading at $0.000007392, down by almost 6% in the last seven days. A post on X by the IntoTheBlockrevealed that only 11% and 10% of traders who hold Dogecoin (CRYPTO: DOGE) competitors Shiba Inu and Floki (CRYPTO: FLOKI) are in the green, while only 14% and 19% of…