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Shiba Inu price drops 23% since early October amid thin volume and US midterm election uncertainty

Market News
03 Nov 2026, 11:14 WIB
CryptoTicker
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Bearish
Shiba Inu price drops 23% since early October amid thin volume and US midterm election uncertainty

Shiba Inu (SHIB) price fell 23.4% since early October, trading at $0.00000453 on November 3, 2026, amid low trading volume and market uncertainty ahead of the US midterm elections. The token's price is below key moving averages, indicating a continuing downtrend, with support levels at $0.00000446, $0.00000435, and $0.00000405. Market volatility is expected on election night due to potential leveraged liquidations, and investors are advised to use limit orders and consider tax implications in Germany. Despite some signs of reduced selling pressure, SHIB remains a high-risk meme token with no guaranteed recovery.

Shiba Inu (SHIB) trades at Rp0.0828 on Pluang as of Nov 03, 2026 16:21 WIB, showing a 1.50% decline in the last day. The token's market cap on Pluang stands at Rp48.47 trillion with a 24-hour trading volume of Rp736.56 million. Despite the recent price drop noted in the article, Pluang data reveals a balanced order activity with 55% buying and 45% selling, and a typical holding period of 107 days among investors.

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