Shiba Inu Prices Briefly Crash 50% on Coinbase Before Quick Recovery
• Shiba Inu prices fell 50% on Coinbase amid volatile crypto trading before quickly recovering • The flash crash happened when a large sell order exceeded available market liquidity on the exchange • At $1.2 million, Shiba Inu has limited market depth on Coinbase compared to trading volumes • Coinbase is a major gateway for U.S. retail investors to access the crypto markets • Despite the flash crash, Shiba Inu prices have rallied 45% over the past 24 hours