Why is the SHIB Price Falling?
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Shiba Inu's (SHIB) price has crashed by over 10.6% in the last few hours, dropping to approximately $0.00001737. The sharp decline is attributed to an attacker who is offloading a significant amount of their SHIB holdings. According to Blockchain data, the attacker continues to hold nearly 5.43 trillion SHIB tokens, contributing to the increasing market pressure and subsequent price drop.
Source: coinpedia.org ↗
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