The Shiba Inu futures market has seen a significant decrease in activity, with open interest at its lowest point since mid-February. This decline is closely tied to the memecoin’s decreasing value, now trading around $0.000014, a level first reached in early March. According to recent data from Coinglass, this trend has been ongoing, with a 51% drop in open interest since July 19. Explore the latest insights into Shiba Inu’s market performance, as we dissect the factors contributin...
