Shiba Inu Volume Drops 52% as Market Reversal Hits Meme Coins
Published at 2026-01-07 15:45:06
Shiba Inu experienced a sharp decline in activity on Wednesday, with reported trading volume down about 52% as the broader crypto market came under selling pressure during the Asian session. The meme token also lost nearly 5% in the past 24 hours, reflecting a wider pullback that hit riskier altcoins and speculative assets.
A sudden drop in volume can be a warning sign: lower turnover often precedes higher volatility and can make price moves less liquid and more erratic. For traders and holders, the slump in SHIB activity suggests waning short-term demand and increases the importance of monitoring order books and macro catalysts; for the market at large, diminished meme-coin appetite could weigh on sentiment among retail-focused segments.
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