On November 8, 2026, Shiba Inu (SHIB) traded at around $0.00000445, marking its lowest level since August 19. Despite a net outflow of approximately 20 billion SHIB tokens from major exchanges, worth about $89,000, the price continued to decline, reflecting a weak market sentiment. Large holders are withdrawing tokens to self-custody, reducing short-term selling pressure, but the overall market trend remains down as SHIB struggles to break above the 20-day moving average at $0.00000480. Investors are advised to monitor exchange flows and key price levels around $0.00000442 and $0.00000405 for potential support or further declines.
Shiba Inu price movement provides context for cryptocurrency trends. For readers following crypto, here is Pluang's market snapshot as of Nov 09, 2026 04:02 WIB: Out of 50 major cryptocurrencies, 13 rose and 35 fell. Kusama (KSM) traded at Rp56.407 with a 1-day change of -4.00%, Tezos (XTZ) at Rp4.576 with -3.56% and a 90% sell order activity, and Synthetix (SNX) at Rp2.915 with -3.25% and a 66% buy order activity.
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