The Shiba Inu (SHIB) price has entered October after a strong September, during which it gained 13.5% and recorded its best monthly performance of 2026.
According to Analytics Insight, SHIB currently trades at around $0.00000590, with a 24-hour range between $0.00000568 and $0.00000592.
The token's market capitalization stands at approximately $3.48 billion, ranking it 36th by value.
A key factor in SHIB's recent performance is the addition of 10 billion tokens to its circulating supply within a 24-hour period, courtesy of the top 10 whales.