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Shiba Inu market cap holds near $3B as price stabilizes after Q3 gains and correction.

Market News
16 Oct 2026
Crypto Economy
View Source
Neutral
Shiba Inu market cap holds near $3B as price stabilizes after Q3 gains and correction.

Shiba Inu (SHIB) is maintaining a market capitalization close to $3 billion following a 39.3% gain in the third quarter. After this strong performance, the price experienced a correction and is currently stabilizing around $0.00000516. This defense of the $3 billion support level suggests potential for a recovery setup in the near term, which investors will be watching closely for further price movements.

Shiba Inu's market activity is shown here with Pluang's data as of Oct 16, 2026 22:02 WIB. For readers following major cryptocurrencies, 41 of 50 priced assets rose and 8 fell today on Pluang. Notable movers include MANA at Rp1.622 with a 6.15% increase, ALGO at Rp2.137 up 6.11%, and YFI at Rp42.049.247 rising 5.06%, with YFI showing 100% buy order activity.

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