The cryptocurrency industry experienced a major correction, with the market value of humorous coins falling by 10% to $46.4 billion; Shiba Inu (SHIB) is down 6% on the day and 8% on the week. 📉😅 However, some tokens tied to political figures such as Kamala Horris (KAMA) have seen gains. 📈💰

Bitcoin (BTC) fell to a multi-month low of almost $58,000 and Ethereum (ETH) fell to $3,100. The situation is even worse with humorous coins. The total market value of the industry is currently at approximately $46.4 billion, falling by 10% daily.

SHIB's daily trading volume also fell to low levels - less than $300 million. In comparison, Dogecoin's (DOGE) figure has reached nearly $850 million and Pepe's (PEPE) figure has reached almost $900 million.

Other humorous coins whose prices have dropped significantly in the last 24 hours include WIF (-10%), FLOKI (-11%), MEW (-13%), POPCAT (-17%) and many more.

The few coins that recorded gains were those tied to political figures expected to replace Joe Biden. Kamala Horris (KAMA) – a VP-related token – is up 30% on a daily basis and 1,000% on a two-week basis.

Comments: Do you think SHIB can recover in the near future? 🤔💬#cryptonews#blockchain #cryptocurrency