Shiba Inu Price Slumps but Dogecoin20 ICO Steams Past $260K in Opening Hours
A sea of red has swept the crypto market, with Shiba Inu faring worse for wear as it plunges 14%. However, the new presale crypto Dogecoin20 displays epic resilience, exploding over $280K in its opening hours. Will this be the next meme coin to the moon? Shiba Inu Nosedives as Crypto Market Turns Bearish The crypto industry’s total market cap has slumped by 6.9% over the past 24 hours, and many altcoins have been badly affected. Shiba Inu is one such project, down 14% today, currently trading at $0.00002848. The move follows an exceptionally bullish month for SHIB, with its price peaking at $0.00004456 on 5 March. This equates to a whopping 400% increase from its $0.000008896 valuation one month earlier. Although SHIB struggled following 5 March, the past day has been particularly detrimental, breaking below the $0.0003 support. When writing this, Shiba Inu is down 18% this week but remains up 192% this month. While Shiba Inu’s decline has outpaced other top 20 al...