#SHIB February 11, 2026, Shiba Inu (SHIB) is trading at approximately $0.00000587, reflecting a downward trend with a 3.16% decrease over the last 24 hours. The token is currently consolidating near a critical support level of $0.000005, with a total market capitalization of approximately $3.48 billion.
SHIB Price History (Feb 8 - Feb 11, 2026)
2026-02-08
2026-02-09
2026-02-10
2026-02-11
0
0.000002
0.000004
0.000006
0.000006
0.000006
0.000006
0.000006
Recent Developments
Exchange Reserves: On February 10, 2026, SHIB exchange reserves dropped below the 82 trillion threshold, suggesting that holders are moving tokens to self-custody for long-term holding despite current price weakness.
Shibarium Privacy Upgrade: The development team is preparing for a major Q2 2026 upgrade to the Layer-2 Shibarium network. This will introduce Fully Homomorphic Encryption (FHE) to provide enhanced privacy for transactions.
Infrastructure Migration: The Shibarium block explorer began a server migration on February 10, 2026, to address data indexing delays and upgrade infrastructure.
Market Outlook
Technical indicators show a weak short-term trend, with the 200-day moving average sloping downward since January 11, 2026. Analysts note that if SHIB fails to maintain support at $0.0000059, it could face further downside risks toward $0.0000045. However, some forecasts anticipate a potential recovery to $0.0000092 by the end of February 2026 if broader market sentiment improves.
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