The broader market rally failed to galvanize Shiba Inu (CRYPTO: SHIB), as the popular dog-themed memecoin plunged sharply after morning gains. What Happened: SHIB, also known as Dogecoin (CRYPTO: DOGE) Killer, dropped nearly 2% in the last 24 hours, even as the rest of the market, including memecoins, recorded significant gains. The canine coin moved 6% higher early in the morning on cooler-than-expected inflation numbers, but the Fed’s hawkish projection caused a steeper decline vis-à-vis the rest of the market. With the latest drop, SHIB’s weekly losses increased to 17% Several technical ind…
