🚀$SHIB

$SHIB at $0.00001635 (-8.04%)

Shiba Inu's (SHIB) journey is one for the books! With an initial supply of 1 quadrillion tokens, the crypto world was surprised when half of the supply was handed over to Ethereum co-founder, Vitalik Buterin, by SHIB's anonymous creator "Ryoshi." Buterin made a historic decision by burning 90% of those tokens, permanently reducing the supply. The remaining 10%? Donated to a charitable cause.

Unlike other coins with built-in mechanisms like burning or halving, SHIB doesn't reduce its supply regularly. However, its volatile nature has been its defining characteristic. In May 2021, SHIB shot up by nearly 2,000%, from $0.00000160 to $0.00003450, but a quick correction followed, bringing the price down. Another surge in October 2021 saw SHIB soar again, hitting its all-time high of $0.000088 before settling back.

Despite its ups and downs, SHIB remains a hot topic in the crypto community, and many are watching for its next big move. Could 2025 be the year it hits new heights?

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