Why did Shiba Inu drop 0.9% on October 24, 2026?
On October 24, 2026 (UTC), SHIB went from about $0.000005 to $0.000005 (-0.88%) on OKX · USDT, trading between $0.000005 and $0.000005. For the closed-hour 24h window: SHIB is within a usual day's range. SHIB fell further than this on 9 of the past 29 days. Shiba Inu moved down, partly in line with Bitcoin, and most other tracked coins moved the same way. The move is within a usual day's range and smaller than its usual day on near-usual volume. No recent report about the coin explains it, so the cause is unresolved.
Still open
- Whether any project statement, filing or exchange notice explains the move; an official announcement from the project or a venue notice would settle it.
- Whether on-chain flows or holder activity accompanied the move; on-chain data covering the same day would settle it.
- Whether derivatives positioning around the coin changed; exchange derivatives data for the same period would settle it.
- Day open / close
- $0.000005 → $0.00000524 hourly candles, OKX · USDT
- Day range
- $0.000005 – $0.0000055.2% from low to high
- Versus the past month
- 9 of the past 29 days fell furtherClosed-hour 24h move -0.88%, 0.5× its prior 30-day median of 1.8%.
- 30-day range
- 18.8% below the high · 3.5% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 4 of 5 moved the same way1 moved the other way
- 24h volume
- 0.9×of its prior 30-day daily average
Computed from OKX · USDT hourly candles for the 24 hours to 25/10/2026, 00:00 UTC.
Written by a model from the reading above; no report about this coin was available to cite, at 24/10/2026, 23:41 UTC.
Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. Methods →