Shiba Inu (SHIB) Price Drops 7% in 24 Hours but Remains Up 25% Over the Past Month

The price of Shiba Inu (SHIB) has seen a 7% drop in the last 24 hours, as the meme token faces significant downward pressure amidst shifting economic conditions. Despite this recent dip, SHIB is still up by 25% over the past month. Investors are closely monitoring the situation, as positive developments in US-China trade relations could potentially impact the cryptocurrency market. While volatility remains a key characteristic of meme tokens like SHIB, long-term holders are staying optimistic about its future potential. Stay tuned for more updates on the fluctuating price of Shiba Inu.

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By Elisa

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