Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

CryptoTokenPostKorean, translatedFiled 11 h ago

Shiba Inu $1 graphic, price was 2.6 times higher than the 3-day closing price

Original headline시바이누 1달러 그래픽, 가격이 3일 종가보다 2.6배 높았다

Open the sourceReported by TokenPost, tokenpost.kr, 4 November 2026, by 김민준
Impact 25 of 100, routine

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

Shiba Inu’s (SHIB) price graphic showing $0.000012 is about 2.6x higher than CoinGecko’s Nov. 3 closing price of $0.00000462, a discrepancy that has fueled confusion over the token’s path toward $1. The debate began with a fan post calling $1 mathematically unlikely but not impossible, and Shiba Inu’s official X account replied “Nice work,” which was cited as support even though it did not formally set $1 as a price target. CoinGecko’s historical record puts the Nov. 3 close at $0.00000462, with its aggregation date based on UTC. The episode matters because the $1 discussion is being driven by a chart whose reference price is well above the actual close, so the basis for the comparison needs to be checked first. What to watch next is whether subsequent SHIB commentary and graphics use CoinGecko’s closing prices or other reference levels when framing the $1 case.

Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.

Named in this story

Shiba Inu (SHIB), CoinGecko, Shiba Inu official X account

A linked name opens that asset's sentiment page.