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Shiba Inu (SHIB) dips amid Fed minutes showing persistent inflation and rate hikes.

Market News
08 Oct 2026
Tokenpost
View Source
Neutral
Shiba Inu (SHIB) dips amid Fed minutes showing persistent inflation and rate hikes.

Shiba Inu (SHIB) token price fell after reaching a high of $0.000006018 on October 5, closing at $0.00000540 on October 8. The decline followed the release of Federal Open Market Committee minutes on October 7, which highlighted ongoing elevated inflation and confirmed a 25 basis point interest rate increase to a target range of 3.75%-4%. SHIB's price movements are also compared to its strong historical October gains, notably an 833% rise in October 2021. Investors are watching how inflation and Fed policy will impact SHIB's future performance, with the next Fed meeting scheduled for October 27-28.

Shiba Inu's market cap on Pluang stands at Rp57,01 trillion as of October 8, 2026, 19:02 WIB, with a 24-hour trading volume of Rp1,23 trillion. The token's price is Rp0,0964, down 1.46% in the last day, while sell orders dominate at 66% of Pluang's order activity. Typical holding time for SHIB investors on Pluang is 106 days, indicating moderate-term interest despite recent price declines noted in the news.

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