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Why Shiba Inu Is Down Today, Despite 2 Key Catalysts

·2 min read
Why Shiba Inu Is Down Today, Despite 2 Key Catalysts

Popular meme token Shiba Inu (CRYPTO: SHIB) is once again on the move. Today, Shiba Inu is down 3.5% over the past 24 hours, as of 11:45 a.m. ET. Yesterday, Shiba Inu burned more than 1 billion tokens, accelerating the deflationary trajectory of this token.