The crypto market has been one of those big asset clusters resolutely obeying gravity over the past few days, with many coins and tokens booking losses in excess of 20% and even 30%. According to data compiled by S&P Global Market Intelligence, high-profile meme token Shiba Inu was a dog of an investment with a nearly 21% decline across the week. A major one was the electoral success of the ticket of Donald Trump and crypto investor JD Vance, which implied a new dawn for the asset class.