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SHIB Daily Turnover Drops 75.8% Year Over Year

Shiba Inu's daily turnover has plummeted by 75.8% year over year, according to recent data. The token's market capitalization has decreased from $6.33 billion to $2.98 billion. Meanwhile, Dogecoin continues to attract significantly more trading volume, highlighting a growing gap between the two meme coin rivals. SHIB currently ranks 38th by market capitalization and has lost 6.2% over the last seven days.

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