Shiba Inu
was falling to start the week, underperforming
Bitcoin
amid signs that large holders of the cryptocurrency—created on the back of internet jokes—are positioning to sell, adding downward pressure on prices.
The price of Shiba Inu has tumbled 5% since its late-Sunday peak, falling short of the price action across Bitcoin, down 1% over the same period, as well as other similarly-sized digital assets.