Shiba Inu's (CRYPTO: SHIB) price has decreased 7.73% over the past 24 hours to $0.000020, continuing its downward trend over the past week of -14.0%, moving from $0.000023 to its current price.
While the cryptocurrency market edged lower Thursday, several of the most popular coins showed a strong bullish indication.
What Happened: Ethereum, Shiba Inu, and Chainlink endured significant losses during the day, as indicated below.
Financial analyst and investor Keith Gill earned a lasting reputation by posting his analysis of GameStop (GME:NYSE) stock on the subreddit r/wallstreetbets under the username DeepFuckingValue (DFV) and as RoaringKitty on X and YouTube.
Cryptocurrency markets pumped on positive CPI data but retraced the move after an unexpectedly hawkish FOMC press conference.
Prices as of 3.30 p.m. ET:
If Bitcoin (CRYPTO: BTC) spot ETFs can gobble upwards of $15 billion in inflows, and Ethereum (CRYPTO: ETH) spot ETFs are set to open for trading soon, why should Shiba Inu (CRYPTO:
Cryptocurrency markets have sold off prior to the CPI data release on Wednesday, with major meme coins being hit particularly hard.
Prices as of 3.30 p.m. ET: