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Shiba Inu price drops 18.7% in October; German tax rules affect loss recognition from Nov 2, 2026.

Market News
07 Nov 2026, 17:22 WIB
CryptoTicker
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Bearish
Shiba Inu price drops 18.7% in October; German tax rules affect loss recognition from Nov 2, 2026.

Shiba Inu (SHIB) closed October at $0.00000468, down 18.7% for the month and 53.3% from November 1, 2025. In Germany, the one-year holding period for tax-free sales expires on November 2, 2026, meaning losses on SHIB bought on November 1, 2025, can no longer be offset against gains after that date. Trading volume has decreased, and SHIB's price remains within a range since July 2026. Investors should prioritize tax deadlines over price movements when deciding to sell, and consult tax advisors for individual cases. A draft bill to change crypto tax rules is still pending and does not affect the current deadline.

Shiba Inu (SHIB) holds a market cap of Rp47.9 trillion on Pluang as of November 7, 2026, 22:32 WIB, with a 24-hour trading volume of Rp609.2 million. The typical holding period on Pluang is 107 days, and current order activity is evenly split between buyers and sellers. SHIB's price on Pluang is Rp0.0811, down 2.08% in the last day, showing ongoing volatility despite the tax-related holding period considerations mentioned in the news.

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