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IntoTheBlock ：Shiba Inu Token Faces Major Setback as Over 90% of Tokens Incur Losses

The Shiba Inu token, a popular cryptocurrency, is experiencing a major setback as over 90% of its total supply is currently causing losses to its holders. This amounts to a staggering 500 trillion tokens causing losses, worth approximately $3.77 billion.

The majority of these loss-bearing tokens were acquired within the price range of $0.000008 to $0.00002 per token. This trend presents a negative outlook for the Shiba Inu token, as even a small number of owners offloading their holdings could trigger a substantial downturn.

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