Based on Bijié Wǎng, the Shiba Inu (SHIB) development team has reported experiencing targeted attacks, according to SHIB developer Kaal Dhairya, who described the attacks as a strategy to undermine long-term developers. In response to accusations of biased reporting on social media, SHIB-focused media outlet 'The Shib' issued a statement. Meanwhile, SHIB's price fell to a yearly low of $0.0000071, down 9.71% in 24 hours to $0.000007793, amid broader crypto market declines. Bitcoin dropped to $81,385, with $1.93 billion in long Bitcoin positions liquidated due to weak market sentiment.
Shiba Inu Team Reports Targeted Attacks Amid SHIB Price Drop to Year Low
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