Here is what is confirmed: Shiba Inu traded at $0.00000442 at midday on Monday, November 9, after dropping as low as $0.00000430 during the day. That leaves SHIB just under 7 percent above it
Here is what is confirmed: Shiba Inu traded at $0.00000442 at midday on Monday, November 9, after dropping as low as $0.00000430 during the day. That leaves SHIB just under 7 percent above its yearly low of $0.00000411 on July 17, based on CoinGecko daily closing prices. At the same time, trading volume rose 76 percent within 24 hours to $56.1 million, while positions worth $1.14 billion were forcibly closed across the market. Our assessment follows further down: the jump in volume looks more dramatic than it is, and the real test for the price lies one floor lower.
The question in the headline therefore comes down to two numbers. If the zone around $0.00000411 holds, July's low remains the floor of the year. If SHIB slips below it, the token will trade at its lowest in more than twelve months. The sections below set out where exactly the levels lie, what triggered Monday's pressure and how you, as an investor in Germany, can handle orders, leverage and the holding period.
According to CoinGecko, SHIB moved between $0.00000430 and $0.00000447 over the past 24 hours. That is a trading range of just under 4 percent, a fairly quiet day for a memecoin. The net result is a loss of 1.0 percent on the day, 5.2 percent on the week and 19.4 percent over 30 days. Market capitalisation stands at around $2.61 billion, putting Shiba Inu in 38th place among the largest cryptocurrencies.
The longer view shows how much ground has been lost. On November 10, 2025, SHIB still cost $0.00000998; today it is less than half that. Anyone who bought a year ago is down around 56 percent. The high of the past 30 days came on October 12 at $0.00000549; since then the price has fallen steadily, with brief recoveries.
The pressure came from the wider market. According to CoinGlass data that the trade outlet U.Today summarised on Monday morning, positions worth around $1.14 billion were liquidated within 24 hours. Leveraged buy positions, known as longs, accounted for $1.03 billion of that. A liquidation means the exchange forcibly closes a position because the collateral posted no longer covers the accumulated losses.
Such waves feed on themselves: every long position that is forcibly closed is a sale that pushes the price down further and drives the next position to its limit. Bitcoin fell 1.5 percent on Monday to $74,745, and many altcoins lost between 1.5 and 13 percent, according to U.Today. SHIB got off comparatively lightly with a one percent loss. US consumer prices for October follow on Tuesday; economists expect a 0.2 percent rise on the previous month, according to the same report. A higher figure would be likely to add to the nervousness in the crypto market.
According to CoinMarketCap, SHIB's trading volume rose 76.28 percent within 24 hours to $56.11 million. The percentage is misleading, however, because the comparison is with Sunday, and weekends are traditionally thin in the crypto market: CoinGecko shows volume of only $34.2 million for Sunday, November 8. Over the past 30 days, daily volume averaged $54.5 million.
Monday is therefore running almost exactly at a normal level. A panic sell-off would look different: on November 5 and 6, when SHIB fell to what was then its lowest since August, turnover came to $57.8 million and $63.3 million, according to CoinGecko. Measured against market capitalisation, just over 2 percent of all SHIB changed hands on Monday. A capitulation, in which holders give up en masse, would typically show record turnover, and that is missing.
More trading than at the weekend, but no rush: SHIB volume on Monday sits at its 30-day average.
In Sunday evening's article, SHIB stood at $0.00000445, and $0.00000442 was seen as the first support. At the time, large addresses pulled a net 20 billion SHIB off exchanges, according to CryptoQuant, tightening supply on the trading venues. The picture has shifted since then: the daily low of $0.00000430 lies below that level, and Monday morning's daily close of $0.00000436, according to CoinGecko data, was the lowest since July.
The resistance zone above, by contrast, has held, but in the wrong direction: the 20-day line at around $0.00000480, whose recapture was seen on Sunday as marking the end of the losing streak, is now just under 9 percent above the price. The weekend's exchange outflow, in other words, did not support the price when the wider market gave way on Monday.
The most important level on the downside is the low of the current year. On July 17, SHIB closed at $0.00000411, according to CoinGecko, lower than on any other day in the past twelve months. From there the token ran to more than $0.0000061 by September 23, a gain of almost 50 percent in two months. The zone from $0.0000041 to $0.0000042 is therefore an area where buyers came in in large numbers over the summer.
Zones like this have a memory in the market: those who bought back then are still slightly in profit today and are reluctant to sell below it. At the same time, many traders wait with buy orders just above a well-known low. If the level breaks nonetheless, stop orders placed there are triggered and the price can slip through quickly. With a gap of just under 7 percent, two weak trading days in the wider market would be enough to set off the test.
Three levels stand in the way on the upside. The first is Monday's daily high of $0.00000447, the second the average of closing prices over the past 30 days at $0.00000486, which practically coincides with the 20-day line. The third is the 90-day average at $0.00000518. Only a daily close above $0.00000486 would end the series of lower highs since October 12.
From the current level, that is around 10 percent away. For a memecoin that is not an unusual distance, but it needs a catalyst. So far neither the wider market nor SHIB's own ecosystem is providing one, as the next section shows.
The official Shibarium channel on X has published nothing since July 13.
Shibarium is the layer-2 blockchain of the Shiba Inu project, meant to process transactions more cheaply and create demand for SHIB and BONE. According to the block explorer Shibariumscan, the network currently handles around 1,020 transactions a day, as U.Today reported on Sunday. The most recent peak was 6,370 on October 31. By its own display, the explorer had indexed only 65 percent of blocks at that point, so the figures are a lower bound. That does little to change the order of magnitude.
Then there is the communication. The official Shibarium account @shibariumnet on X published its last post on July 13, 2026. Since then members of the community have publicly asked who runs the official channels; U.Today found no statement from the team on the matter. That matters for the price because a memecoin recovery usually hinges on news. An ecosystem that stays silent for months provides none.
Compared with the market leader, SHIB fares poorly. Over 30 days bitcoin lost 10.2 percent, according to CoinGecko, and Shiba Inu 19.4 percent, almost twice as much. Over the year, bitcoin is down 27 percent and SHIB just under 56 percent. The pattern is typical of phases in which capital is pulled out of speculative assets: memecoins fall harder than bitcoin in a downturn and rise harder in an upswing.
That yields a simple rule of thumb. As long as bitcoin stays above the 200-day line at around $73,170, which our bitcoin price report from Monday morning names as the decisive level, a slide by SHIB below its yearly low is less likely. If bitcoin falls below it, SHIB is likely to follow with twice the force.
Monday's wave of liquidations mainly hits traders using leverage. Leverage of 10 means that with €100 of collateral you move a position worth €1,000. If the price falls 10 percent, the entire collateral is used up. Because exchanges require minimum collateral and charge fees, liquidation kicks in a little earlier depending on the exchange. With leverage of 20, a drop of around 5 percent is enough, slightly more than Monday's daily range.
In SHIB's case, liquidations also cluster around round numbers and well-known lows. If you hold a leveraged long position with a liquidation price just below $0.0000041, you are betting on exactly the level where many others also have their limit. If you want to use leveraged products at all, you should know the platforms' fees and mechanics; our comparison of perp DEXs shows how funding rates and collateral requirements differ. For most retail investors, avoiding leverage on a token that has lost almost 20 percent in a month is the safer choice.
If you hold SHIB and want to use the yearly low as your line, most exchanges give you two tools. A stop-market order sells as soon as the price reaches a set level, at the next available price. If the price slips through, the actual sale price can be well below the level; this is known as slippage. A stop-limit order also sets a minimum price. That way you avoid poor fills, but in a fast fall the order may go unfilled.
The trading venue also matters, which means choosing a suitable crypto exchange. Total volume of $56 million is spread across dozens of exchanges, and on individual European platforms the order book is considerably thinner. Since the end of the MiCA transition period, providers serving customers in Germany need a licence under the European crypto regulation. Make sure your exchange is licensed, offers stop orders for SHIB and has a sufficiently deep order book in the SHIB/EUR or SHIB/USDT pair.
In Germany, gains from selling cryptocurrencies are tax-free under Section 23 of the Income Tax Act if more than a year passes between purchase and sale. Within that period, an exemption limit of €1,000 a year applies to all private disposal transactions combined. If it is exceeded by even one euro, the entire gain is taxable. Our overview of the crypto holding period reform sums up where the political debate on the holding period stands.
The same applies in reverse to losses. If you sell SHIB at a loss within a year, you can offset the loss against gains from other private disposal transactions in the same year or carry it forward to later years. Once a year has passed, a loss is irrelevant for tax purposes. If you bought in the summer at prices above $0.0000055, for example, you should therefore check before selling which lots are affected under the first-in, first-out principle and whether the one-year period is already running.
In the editorial team's view, more currently points to a test of the yearly low than to a quick recovery. The evidence: SHIB fell almost twice as hard as bitcoin over 30 days, the price broke below support at $0.00000442 within a day, and Shibarium, with around 1,020 transactions a day and a channel that has been silent since July, provides no momentum of its own.
Against that, Monday shows no panic. Volume is at its 30-day average, the price lost only one percent on the day of billion-dollar liquidations, and at the weekend large addresses pulled a net 20 billion SHIB off exchanges. No recommendation to buy or sell follows from this. If you are invested, you should know the $0.00000411 level and decide in advance what should happen there. A total loss can never be ruled out with memecoins.
(As of November 9, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)
