Shiba Inu had picked up great pace just a week back when it soared by 35% following the news of the Robinhood listing.
The meme-coin is consolidating at the moment. SHIB has been sandwiched between $0.00003000 and $0.00002000 respectively.
Buying strength subsequently has been adversely affected owing to the consolidation. Shiba Inu lost 3% of its value and over the past week, it depreciated by 7%. The global cryptocurrency market cap was at $1.93 Trillion with a fall of 1.4% in the past 24 hours.