How much did SHIB lose in a year? The answer may surprise you

SHIB $0.0 +1.13%

As the majority of assets in the cryptocurrency market have moved into the red over the past few days, Shiba Inu (SHIB) is no exception, having declined by more than a third in its price and market capitalization over the last year, albeit making a marginal recovery in the last 24 hours.

Specifically, Shiba Inu had a market cap of $5.58 billion on October 13, 2023, whereas at press time, it stood at $4.04 billion, which means that the 19th-largest crypto asset has lost $1.54 billion in one year, as per the day.