Global #Shiba Inu

Shiba Inu [SHIB] and Dogecoin [DOGE] saw weekly losses of 8.5% and 11.4%, respectively.

The value of the dog-themed cryptocurrency Shiba Inu (SHIB) has dropped significantly during the past day, losing almost 15% of its value.

Shiba Inu's price has dropped by 4% in the last day, to $0.00002358, on a day when the whole cryptocurrency market has experienced a 2% decline.

As of this writing, the price of Shiba Inu (SHIB) is experiencing bearish issues, which could lead to a further decrease in the memecoin.

Updates have been made to the Shiba Inu ecosystem in recent days in an effort to improve the cryptocurrency's long-term prospects. On-chain data also shows a positive tendency among SHIB investors behind the scenes, with the exchange balance hitting all-time lows.

Shibarium is having technical issues, which has caused the price of Shiba Inu (SHIB) to drop by almost 2%. Shiba Inu developer Kaal Dhairya posted on the X social media network that Shibarium, Shiba Inu's layer-2 solution, had experienced an outage.