Shiba Inu Faces Significant Market Downturn and Futures Open Interest Decline

Shiba Inu Faces Significant Market Downturn and Futures Open Interest Decline

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Shiba Inu (SHIB) has experienced a notable market downturn, with its price reaching a new low of $0.0000054, representing a nearly 67% decrease. This price action is accompanied by a loss of futures open interest across 80% of crypto exchanges, indicating a bearish sentiment for the meme coin.

Shiba Inu Loses Futures Open Interest in 80% of Crypto Exchanges

Shiba Inu reached yet another low of $0.0000054 on Monday and is down nearly 67% over the past…