SHIB trades at $0.00000471, 94.5% below 2021 peak, 2030 forecasts diverge

Shiba Inu (SHIB), a well-known memecoin in the cryptocurrency market, traded at $0.00000471 on October 30, 2026, according to CoinGecko’s latest data. This level is approximately 94.5% lower than its all-time high of $0.00008616 set in October 2021. Analysts say the wide range of 2030 price forecasts highlights the uncertainty facing SHIB’s longer-term outlook. The Securities and Exchange Commission (SEC) classified SHIB as a digital commodity in March 2026. This decision means SHIB does not fall under US securities regulations, offering a clearer regulatory path for exchanges and funds handling the token. The amended filing for the Cryptex Digital Market Cap ETF shows SHIB representing 5.73% of the fund’s index as of June 2026.

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