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Shiba Inu futures market is thin, limiting price moves to spot market activity amid a 15% October loss.

Market News
29 Oct 2026, 15:35 WIB
CryptoTicker
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Neutral
Shiba Inu futures market is thin, limiting price moves to spot market activity amid a 15% October loss.

Shiba Inu's futures market holds only $21.1 million in open contracts, just 0.74% of its $2.87 billion market value, indicating low leverage and speculative interest. This thin futures market means price changes depend mainly on real buying and selling in the spot market, contributing to a steady 15% loss in October. Key price levels to watch are $0.0000050 as resistance and $0.00000476 as support. For German investors, tax rules mean losses can only be claimed if tokens are sold within one year of purchase, otherwise sales are tax-free but losses cannot offset gains. Without fresh leverage, SHIB's price recovery relies on spot market demand.

Shiba Inu's futures market is noted at $21.1 million in open contracts. For readers following the broader cryptocurrency market, 7 of 50 major cryptocurrencies on Pluang rose while 42 fell as of Oct 29, 2026 18:53 WIB. Notable movers include EOS at Rp12.649 with an 8.13% gain, BAT at Rp2.531 with 100% buy order activity, and BCH at Rp5.110.888 with 58% buy orders.

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