Shiba Inu Price Crashes as $6M Whale Sell-Off Sparks Chaos – Buy the Dip or More Selling to Come?

Description

The Shiba Inu price has plummeted by 20% today, with the meme token dropping to $0.00001927 as the cryptocurrency market suffers a 12% fall in 24 hours . These losses round off a bad couple of weeks for SHIB, which is now down by 27% in seven days and by 34% in 14, although it remains up by 100% in a year. Yet today’s drop comes after one whale in particular sold 250 billion SHIB, worth around $6 million at the time of sale. This paints a negative picture for the meme coin, yet its longer term p...