A memecoin named Shibarium Token (SHIBARIUM) has lost close to 96 percent in the last 24 hours.
The dangers in the Memecoin market are not over. Shiba Inu (SHIB), which recently completed the Shibarium, caused panic in its investors with the drop in price. Dozens of memecoins released before Shibarium was completed exhibited massive price increases. However, with the completion of Shibarium, both SHIB and related memecoins have been on the decline. A memecoin named Shibarium Token (SHIBARIUM) has lost 95.90% in the last 24 hours, almost to zero.
Danger is rising in the Shiba Inu ecosystem!
SHIB, which made an upward price movement until the completion of Shibarium, lost value to a large extent with the collapse of BTC. In addition, when the moves that could carry the memecoin market up did not come, many popular coins such as DOGE and BONE, especially SHIB, entered the falling trend.
The end of the excitement created by Shibarium, the devaluation of BTC, and the fact that popular names such as Elon Musk did not make moves to move memecoins upwards naturally shook the Shiba Inu ecosystem. However, the Shiba Inu ecosystem, which has a huge audience, continues its power in social media by finding support from its investors.
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