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**Shiba Inu Price Crash: To $0.000022 Plunges 43% of Investors into Losses**
The price of Shiba Inu (SHIB) has plummeted by a staggering 43%, plunging nearly half of its investors into losses. The cryptocurrency, which had previously gained immense popularity and value, is now facing a severe downturn.
According to recent data, the whale who initially invested $3,800 in SHIB in August 2020, only to see its value skyrocket to over $6 million, has taken a massive hit. The impressive gains made by this early investor have been significantly reduced due to the cryptocurrency’s sharp decline.
Source: bitcoinist.com