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Shiba Inu's exchange-held value nears $300M, lowest in 4 years amid bearish market conditions.

Market News
15 Nov 2026, 11:22 WIB
UToday
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Bearish
Shiba Inu's exchange-held value nears $300M, lowest in 4 years amid bearish market conditions.

Shiba Inu (SHIB) tokens held on exchanges are now valued at approximately $332 million, nearing a drop below $300 million for the first time in four years. This decline reflects a bearish market trend and ongoing outflows from exchanges, with around 45.9 billion SHIB leaving in the last 24 hours. The token price has fallen below key support levels, entering an oversold state, and would need to decline about 11% more to push reserves under $300 million. Despite current weakness, a market recovery could attract new fund inflows, but for now, SHIB faces thin liquidity and negative net flows.

As Shiba Inu's value on exchanges nears a historic low, on Pluang the token trades at Rp0,0716 with a 5.05% drop over the last day as of Nov 15, 2026 16:41 WIB. The market cap stands at Rp42,31 trillion, while trading volume reached Rp1,56 trillion. Selling pressure dominates with 55% of orders to sell, and typical holders keep SHIB for about 108 days, reflecting cautious sentiment among Pluang investors.

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