Shiba Inu which is now the seventh largest cryptocurrency on the basis of market cap. Barring Shiba Inu and dollar-pegged stablecoins, seven out of the top 10 cryptocurrencies were trading lower at 9.30 hours IST.
Solana, XRP, Cardano and Polkadot tanked 8-10 per cent each, whereas Shiba Inu soared 74%. The global crypto market cap declined 4 per cent, slipping below the $2.50 trillion mark compared to the last day.
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