Shiba Inu ($SHIB), one of the top meme coins, launched in August 2020 and quickly became one of the 15 largest cryptocurrencies. Let’s dive into the numbers 👇
💎 What Happened:
Shiba Inu launched as a Dogecoin-inspired token on the Ethereum network and later introduced ShibaSwap, a decentralized exchange featuring tokens like BONE and LEASH. Now, it’s traded on major platforms like Coinbase, Kraken, and Robinhood.
💎 The Numbers:
Launch Price (Aug. 2020): $0.00000000051 per token
If you had invested $100 at launch, you would’ve bought 196,078,431,373 SHIB.
Today’s Value: At the current price of $0.0002027, that $100 would now be worth $3,974,509.80!
All-Time High: In October 2021, SHIB hit $0.00008845, which would have made your $100 investment soar to an insane $17,343,137.25!
💎 What’s Next:
Shiba Inu’s lead developer, Shytoshi Kusama, is teasing new projects, including a stablecoin called SHI. With SHIB’s rising burn rate fueling gains, the token surged 12% in a day and 44% in a week recently.
💎 Key Takeaway:
Shiba Inu proves how small investments in cryptocurrency can lead to life-changing returns. While not every coin delivers, SHIB shows that early meme coin investments can be wildly profitable.
💎 SHIB Price Action:
52-week range: $0.000006688 to $0.00004534
As Shiba Inu continues to innovate, anticipation is building for this meme coin’s next big move. 🚀
