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Shiba Inu holds $3B market cap support after Q3 gains and recent price correction.

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

Shiba Inu (SHIB) is maintaining a market capitalization near $3 billion despite a recent price correction following a strong 39.3% gain in the third quarter. The current price is around $0.00000516, indicating that bulls are defending this support level. This suggests a potential setup for recovery if the support holds, which investors will be watching closely for future price movements.

Shiba Inu trades at Rp0,0912 on Pluang as of Oct 16, 2026, 22:32 WIB, showing a slight 0.21% decline in one day. The market cap stands at Rp54.75 trillion with a 24-hour volume of Rp876.95 million. Sell orders dominate at 62%, while typical holders keep SHIB for about 106 days.

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Shiba Inu (SHIB) is attempting to restart growth to increase its market cap to $7 billion by breaking above a crucial $3 billion support level. After a strong Q3 surge, the price corrected and now hovers near $0.00000516, with large holders controlli...

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Shiba Inu (SHIB) has fallen below its crucial support level near $0.00000528, which had held since August, signaling a bearish trend. The price now trades around $0.00000496 with no strong support levels immediately below, increasing the risk of furt...

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