--- title: "Why did Shiba Inu drop 0.9% on October 24, 2026?" language: en canonical: "https://whycoinmoves.com/en/coins/shiba-inu/2026-10-24" date: 2026-10-24 --- # 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. - Day open / close: $0.000005 → $0.000005 (24 hourly candles, OKX · USDT) - Day range: $0.000005 – $0.000005 - Versus the past month: 9 of the past 29 days fell further; Closed-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 low; From hourly highs and lows on the same venue - Other tracked coins: 4 of 5 moved the same way; 1 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. ## 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. Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. ## Same-day movers · 2026-10-24 (UTC) - [Irys (IRYS) -47.17%]() - [Quantus (QTC) -13.56%]() - [Sui (SUI) -2.28%]() - [Ondo (ONDO) -2.17%]() - [Zcash (ZEC) +2.13%]() [Shiba Inu (SHIB) price and news]() [Methods and limitations]()