Shiba Inu's 9% Plunge Today Pushes This Meme Token to 15th Spot

Shiba Inu's 9% Plunge Today Pushes This Meme Token to 15th Spot

Today marked a big day in the stock market, with the S&P 500 officially entering correction territory. For certain cryptocurrencies such as Shiba Inu (CRYPTO: SHIB) that have been selling off for some time, it's a full-on bear market. As of 11 a.m. ET, Shiba Inu dropped 9.8%, pushing this token to 15th place in terms of market capitalization in the cryptocurrency world.