news 
Shiba Inu (SHIB) Crashes Dramatically, Losing 20%
In recent days, the cryptocurrency market has been experiencing significant turbulence. This volatility has led to a dramatic downturn for many assets, including Shiba Inu (SHIB). Over the past few hours, SHIB has plummeted by as much as 20%, with no clear indication of when or if it will recover.
This drastic drop is likely due to the asset’s already overextended position and lack of robust buying activity. The RSI indicator points to an oversold situation, suggesting that a short-term reversal is unlikely without significant and sustained buying pressure.
Source: u.today
