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Shiba Inu price dips 4.9% from monthly high amid low trading activity and ecosystem stagnation

Market News
30 Sep 2026
CryptoTicker
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Bearish
Shiba Inu price dips 4.9% from monthly high amid low trading activity and ecosystem stagnation

Shiba Inu's price fell 4.9% from its September 23 high, trading at $0.00000581 with a narrow range and low volatility. Despite a 17% monthly gain driven by broader crypto market trends, the coin faces selling pressure due to stagnant demand and minimal activity on its Shibarium blockchain, which processes far fewer transactions than expected. The large circulating supply and limited fresh capital inflows make significant price gains challenging. Investors should carefully consider trading fees, order types, and leverage risks amid this tight price range.

Shiba Inu price movements provide context for the broader cryptocurrency market. For readers following crypto assets, here is Pluang's market snapshot as of Sep 30, 2026 22:03 WIB: Of 50 major cryptocurrencies priced on Pluang, 9 rose and 40 fell today. Notable movers include CRV at Rp6.924 with a 1-day change of -4.60% and typical hold time of 62 days, XLM at Rp3.988 down 4.11%, and BAT at Rp1.618 down 3.78% with 95% sell order activity.

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