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Shiba Inu price drops 17.5% in October amid low turnover; Pepe's trading volume dwarfs SHIB's despite smaller market cap

Market News
03 Nov 2026, 01:28 WIB
CryptoTicker
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Neutral
Shiba Inu price drops 17.5% in October amid low turnover; Pepe's trading volume dwarfs SHIB's despite smaller market cap

Shiba Inu (SHIB) traded at $0.00000474 on October 30, down 17.5% for the month, with daily turnover at 4.6% of its $2.79 billion market cap. In contrast, Pepe's market cap is $700 million smaller but its daily trading volume is 14.5 times higher, indicating much deeper market liquidity. This low turnover makes SHIB's price more vulnerable to swings, with daily price ranges around 7-8%. Investors should watch key price levels and consider tax implications of losses if selling within a year in Germany. The gap between SHIB and Pepe's market caps is narrowing, highlighting shifting dynamics in memecoin markets.

As of Nov 03, 2026 06:41 WIB, SHIB trades at Rp0,0826 with a market cap of Rp48,8 trillion on Pluang. PEPE's market cap is smaller at Rp35,73 trillion but its 24-hour volume is significantly higher at Rp7,61 trillion. SHIB shows a 1-day price drop of 2.73% while PEPE is down 3.12%, reflecting active trading dynamics on Pluang.

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