Shiba Inu Drops to 31st After 11% Weekly Decline in 2026

29-Jun-2026 TronWeekly
Shiba InuShiba Inu has slipped to 31st place by market capitalization after an 11% weekly decline, allowing Tether Gold to move ahead. Weak ecosystem activity, slowing token burns, and reduced investor demand continue to weigh on SHIB as the market increasingly favors utility-driven and asset-backed cryptocurrencies.
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