Shiba Inu Soars and Crashes, But It's Still Holding Up This Week

Shiba Inu Soars and Crashes, But It's Still Holding Up This Week

For meme token Shiba Inu (CRYPTO: SHIB), this was certainly the case. Most cryptocurrencies saw significant volatility last weekend, as a direct result of the plunge we saw across most risk assets Friday with the omicron variant being deemed a "variant of concern" by the World Health Organization. Since crypto markets are open 24/7, 365, Shiba Inu saw significant declines over the weekend, which were quickly erased on Monday.