Shiba Inu (SHIB) has formed a strong bullish setup with key indicators showing exhausted selling pressure and a firm price floor around $0.0000053–$0.0000055. Currently ranked 30th with a $3.47 billion market cap, SHIB aims to break above the 50-week moving average to surpass competitors like Bittensor and target a market cap of $7.14 billion near the 200-week moving average. This move could push SHIB into the Top 20 cryptocurrencies and achieve the psychological milestone of deleting a zero from its price, potentially overtaking tokens like Litecoin and Uniswap. The scenario would be invalidated if prices fall below $0.00000515.
As of Oct 02, 2026 22:21 WIB, Shiba Inu (SHIB) trades at Rp0.105 on Pluang, showing a positive 1-day change of +2.57% and a market cap of Rp62.11 trillion. In comparison, Bittensor (TAO) is priced at Rp5,511,501 with a modest 0.35% gain, while Litecoin (LTC) leads with a 4.93% increase to Rp1,260,765. SHIB's strong buy sentiment on Pluang, with 81% buy orders and a typical hold time of 105 days, highlights active investor interest amid its bullish setup noted in the news.
Japan's Virtual and Crypto Assets Exchange Association (JVCEA) has added Shiba Inu (SHIB) to its Green List, placing it alongside major cryptocurrencies like Bitcoin and Ethereum. This Green List is a pre-approved roster that simplifies regulatory pr...
Shibarium, the layer-2 network for Shiba Inu, experienced a significant drop in daily transactions to 659, the lowest since September 20, 2026. This decline follows a peak of 5,710 transactions on October 6, indicating a slowdown in network usage des...
Shiba Inu (SHIB) spot trading volume reached $6.43 million over 24 hours, while futures trading volume was significantly higher at $18.17 million. The SHIB token traded near $0.000005, down 1.1% from the previous day, with open interest at $52.21 mil...
Shiba Inu's exchange reserves have dropped slightly to about 87.06 trillion SHIB, indicating a reduction in tokens held on exchanges amid fading sell pressure. Negative netflow data shows more SHIB tokens are leaving exchanges than entering, suggesti...
Shiba Inu (SHIB) has dropped 94.2% from its all-time high reached on October 27, 2021, trading at $0.00000500 as of October 17, 2026. In Germany, the key issue for investors is the tax treatment based on a one-year holding period: gains or losses rea...
