SHIB trades at $0.00000578 with currency-dependent weekly performance
Shiba Inu (SHIB)
Editor:
Eugene Serbin
cryptoticker.io reports that Shiba Inu is trading between $0.00000576 and $0.00000578 on October 6, 2026, with a market capitalization of $3.39 billion. The asset ranks 35th with 589.24 trillion tokens in circulation, showing a 2.0 percent daily decline in dollar terms. Over the past seven days, the price is down 0.63 percent in dollars but up 0.10 percent in euros due to currency fluctuations.
This divergence means the weekly result appears negative in dollar-denominated reports but positive for euro-based portfolios. The source notes that the euro weakened against the dollar, causing dollar-quoted assets to gain value in euro terms. Over thirty days, the gain is 6.07 percent in dollars versus 9.41 percent in euros, driven entirely by exchange rate movements.
A key downside support level is identified at $0.00000545, representing the start of the month. Trading venues hold approximately 88 trillion SHIB, which constitutes 15 percent of the circulating supply. The first upside hurdle is the weekly start level at $0.00000582, where both currency metrics would align positively. Resistance is noted at the psychological round number of $0.00000600, while a target of $0.00001 implies a market cap of $5.89 billion.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 6 October 2026. Not the outlet's figures.
Whalio spot data shows SHIB trading at $0.000005880, indicating a slight price increase from the reported source levels. The 1-hour buy ratio stands at 26.8 percent, while the 4-hour ratio is 41.7 percent, both trailing the 24-hour buy ratio of 46.3 percent. This decline in shorter-term buying pressure suggests that immediate momentum is fading compared to the broader daily trend. Volume Delta is negative across all timeframes, with -$40,655 in the last hour and -$133,976 over four hours. These negative deltas indicate that sell volume is exceeding buy volume, pushing prices down despite the higher buy ratio. The CVD for the 24-hour close is -$67,162, confirming that net flow has been out of the asset. Only 11 of the last 24 hours saw net buying, highlighting a day dominated by seller pressure.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 51.2 percent, which is higher than the current 24-hour reading of 46.3 percent. The latest day shows a buy ratio 4.8 percentage points below the weekly average, indicating a shift toward selling. Volume relative to the weekly average is 1.26x, showing increased activity despite lower buying pressure. The coin experienced a 3.5 percent price increase over eight days, contrasting with the recent daily decline. This suggests that while short-term flow is weakening, the weekly trend remains positive. The volume delta for the week totals -$298,433, showing consistent net selling pressure over the longer period. This is an unusual day for the coin as buying interest drops below its weekly norm while volume spikes.