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Shiba Inu Tanks 7% With Broader Market, But Outperforms DOGE

Summary by Coin Desk
Shiba Inu (SHIB) has suffered significant losses in the past 24 hours, consistent with the broader market's decline. The joke token, however, narrowly outperformed its top rival dogecoin.Key price movementsSHIB experienced a precipitous decline from $0.000015189 to $0.000014130, constituting a pronounced 7% depreciation. The pivotal sell-off was characterized by trading volumes reaching extraordinary levels of 4.33 trillion tokens, substantially…

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Coin Desk broke the news in Manila, Philippines on Wednesday, July 23, 2025.
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