Markets· ★★· bearish·

SHIB drops 8% to $0.0000047 after CLARITY Act fails in US Senate

  • —SHIB fell 8.06% in 24 hours to $0.0000047
  • —Market cap is $2.81 billion, trading volume is $81.6 million
  • —Open interest fell 6.28% to $56.99 million
  • —The price is 94.52% below its October 2021 all-time high
Why it matters: Memecoins remain in a regulatory gray zone without federal legislation, deterring institutions and making their declines steeper than those of BTC and ETH.
#SHIB
Source: DiarioBitcoin
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