Crypto
Shiba Inu slips out of top 30 by market cap amid ecosystem weakness
Meme coin Shiba Inu (SHIB) has slipped out of the top 30 cryptocurrencies by market value, briefly falling to 31st as Tether Gold (XAUT) moved to 30th, The Crypto Basic reported. SHIB is down about 9 percent over the past week, with market capitalisation at about $2.44 billion. Data also showed higher futures than spot trading, long-position losses in liquidations, and slowing ecosystem activity, including Shibarium transactions and TVL.