🔔Cryptocurrency news: Shiba Inu price continues to fall, reaching its lowest level since March this year. The crypto fear and greed index dropped to 38, its lowest level since last November. 💔

📉SHIB has fallen nearly 70% from its peak this year, significantly underperforming major coins such as Bitcoin and Ethereum.

📊The reason for the fall was not only external factors, but also weak fundamental indicators of SHIB. Shiba Inu's trading volumes were surpassed by other new meme coins such as Pepe and Dogwifhat.

🔄The Shibarium Shiba Inu network is also experiencing difficulties. The network's total value locked (TVL) fell to $1.35 million from a peak of $4 million.

📉ShibaSwap's assets also decreased to $18.4 million from almost $2 billion at its peak in 2021.

👀What do you think about the future of Shiba Inu? Leave your opinion in the comments!