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Shiba Inu price dips 35% in 2026 amid low Shibarium use and falling trading volume

Protocol Fundamentals
11 Nov 2026, 19:31 WIB
CryptoTicker
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Bearish
Shiba Inu price dips 35% in 2026 amid low Shibarium use and falling trading volume

Shiba Inu's price dropped about 35% since the start of 2026, trading at $0.00000446 on November 11. The decline is linked to low activity on Shibarium, its layer-2 blockchain, which recorded only 691 transactions on November 10, far below its theoretical capacity. Trading volume has also fallen by around 40%, reducing demand and burn effects that could support the price. Without increased network use or broader market recovery, SHIB's price outlook remains weak despite occasional sentiment-driven gains.

Shiba Inu shows some resilience on Pluang, trading at Rp0.0809 with a 2.40% gain in the last day. As of Nov 12, 2026 00:52 WIB, the token has a market cap of Rp47.95 trillion and a 24-hour trading volume of Rp828.28 million.

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