
Shiba Inu (CRYPTO: SHIB) was plunging over 20% at one point Tuesday afternoon, in tandem with the broader crypto sector, which is seeing high levels of volatility in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Dogecoin (CRYPTO: DOGE) sank almost 30% before bouncing up off the 200-day simple moving average (SMA).