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SHIB Drops 7%: Is This the Start of a Bigger Correction?
- SHIB, the dog-themed Shiba Inu meme coin, has dropped over 7.81% in the past 24 hours.
- The 24-hour trading volume of SHIB has increased by 292%.
- The meme coin's market cap experienced a 15.1% decline, reaching $42.5 billion.
- There are concerns of further decline as SHIB's technical indicators suggest bearish sentiment.
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