Shiba Inu Price Drops as Trading Volume Soars

Shiba Inu (SHIB) has experienced a drop of approximately 4.97% in the last 24 hours, bringing its price down to $0.000059138. Despite this decline, trading volume surged by 70.27%, indicating increased market participation. With a market cap of $5.38 billion and over 2.87 million holders, SHIB remains a highly traded volatile asset in the cryptocurrency space. The price fluctuations have resulted in significant volatility in the market.