Shiba Inu (SHIB) Market Cap Drops $1B in 30 Days Amid Struggles

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Shiba Inu’s market cap has shed around $1 billion during the last 30 days, as its SHIB token value declined by more than 20%. Data from bitcoinlinux shows that Shiba Inu’s market cap currently sits at $4.3 billion, a far cry from the $5.31 billion it recorded on May 23. This decline coincided with a steep price fall of the digital asset, dropping to as low as $0.000005979 before rebounding to its current level of $0.0000073 as of press time. SHIB Price Performance. Source: bitcoinlinux Why SHIB’s Price Struggled During the last 30 days, Shiba Inu’s price struggle can be linked
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