Shiba Inu (SHIB) faces a volatile weekend, with price recording an intraday loss of 6% on Saturday to trade at $0.0000143 at press time. Despite the dip, on-chain metrics and a strong technical hint that the Shiba Inu coin will likely form an upward breakout to $0.000045. Shiba Inu Price Drops 6% Today Amid Meme Coin Pullback Shiba Inu Coin price has dropped by 6% in 24 hours to trade at its lowest level in one week. The dip follows a massive spike in long liquidations, as Coinglass reveals more than $2M in long SHIB liquidations in 24 hours. However, the decline is not unique to Shiba Inu as the entire meme coin market has retraced. Data from CoinGecko shows that the meme coin market cap has fallen by around 2% in 24 hours, with all top meme coins recording a steep selloff. SHIB/USDT: 4-Hour Chart Despite the bearish headwinds… Read More at Coingape.com
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