81% of Shiba Inu Investors are at Loss

Because of the decline in the crypto market, Shiba Inu seems to be facing a really tough time

The decline in the crypto market this fall seems so damaging that no matter the scale of investors of cryptocurrencies like Shiba Inu, all are facing more or less tough times.

As per the recent data, about 81% of Shiba Inu holders are now facing a loss on their investments made within SHIB.

This number could be more given the consistently dropping trading price of the popular meme currency.

Which is currently standing at around US$0.0000076 after losing about 7% of its value in the last 24 hours.

It could be understood quite easily by looking at the decline in value of SHIB which is about 90% down from its all-time high of US$0.000088 that was attained in October last year.

The Shiba Inu community has found itself in a very rough state for the past few weeks. The coin has been plummeting fast, with the past 7 days showing a 30% decline at the time of this writing.

SHIB has also dropped lower to reach 5th-zeros, and the bears are still pushing the price down. At the time of this writing, SHIB was trading at US$0.000007616,

which was the lowest price in 8 months. This decline means that SHIB investors that bought the coin during the ATH and still holding have lost 91% of their holdings.


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