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What next for Shiba Inu (SHIB) following its 50% crash?

Has the meme coin hype train finally come to an end?

What next for Shiba Inu (SHIB) following its 50% crash?

Cover art/illustration via CryptoSlate

Shiba Inu has been making moves of late, hitting an all-time high of $0.00008876 last week and crashing the top ten to leapfrog Dogecoin in the process.

However, since then, momentum for the divisive meme coin has slowed considerably, triggering a sell-off that bottomed at $0.00004264 on Thursday – a 52% drop in seven days.

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