$SHIB started with a massive supply of 1 trillion tokens, but things got interesting in 2021. The anonymous creator, known as “Ryoshi,” sent half of that supply to Ethereum co-founder Vitalik Buterin. In a move that shocked the market, Buterin burned 90% of those tokens, permanently removing them from circulation and donating the remaining 10% to charity. Currently, there is no system in place to further reduce the supply of SHIB, meaning the supply will remain stable unless something major changes.
Price Surge: Can You Catch the Next Bull Run?
2021 has been a volatile year for SHIB. On May 11, it exploded with a staggering 1,953% gain, jumping from $0.00000172 to $0.00003532 in just a few days. But like any volatile cryptocurrency, SHIB’s price fell quickly, falling to $0.00000793 within three weeks. Traders who caught that initial surge saw huge profits, while those who timed the dip could have secured some significant gains.
October Surge: Is History Repeating?
$SHIB: A Wild Ride to Profits? Here's What You Need to Know
SHIB started with a massive supply of 1 trillion tokens, but things got interesting in 2021. The anonymous creator, known as “Ryoshi,” sent half of that supply to Ethereum co-founder Vitalik Buterin. In a move that shocked the market, Buterin burned 90% of those tokens, permanently removing them from circulation and donating the remaining 10% to charity. Currently, there is no system in place to further reduce SHIB’s supply, meaning the supply will remain stable unless something major changes.
Price Surge: Can You Catch the Next Bull Run?
2021 has been a volatile year for SHIB. On May 11, it exploded with a staggering 1,953% gain, jumping from $0.00000172 to $0.00003532 in just a few days. But like any volatile cryptocurrency, SHIB’s price fell quickly, falling to $0.00000793 within three weeks. Traders who caught that initial surge saw huge profits, while those who timed the dip could have secured some significant gains.
October Surge: Is History Repeating?
After some sideways action, SHIB skyrocketed again in October 2021. Starting at $0.00000766 on October 2, it skyrocketed to $0.00002913 on October 13. Just two weeks later, on October 28, SHIB hit an all-time high of $0.000089, showing how fast this token can move. While the market has since corrected, the potential for another boom is always there — if you time it right, you could be sitting on a gold mine.
Are you ready for SHIB's next move?
SHIB’s volatile history shows that there is always an opportunity for those looking to profit. Whether you’re looking to catch the next breakout or prepare for a correction, this token offers both risk and reward. Keep a close eye on the charts—if SHIB heats up again, you won’t want to miss out on the opportunity to profit! After some sideways action, SHIB spiked again in October 2021.
Starting at $0.00000766 on October 2, it skyrocketed to $0.00002913 on October 13. Just two weeks later, on October 28, SHIB hit an all-time high of $0.000089, showing how fast this token can move. While the market has since corrected, the potential for another boom is always there—if you time it right, you could be sitting on a gold mine.
Are you ready for SHIB's next move?
SHIB's history of volatility shows that there is always an opportunity for those looking to profit. Whether it's catching the next breakout or preparing for a correction, this token offers both risk and reward. Keep a close eye on the charts—if SHIB heats up again, you won't want to miss out on the opportunity to profit!
