The Rise of Shiba Inu (SHIB): From Meme Coin to Multi-Billion Dollar Project
SHIBA Inu ($SHIB ) started in 2020 as a meme coin with little value. But by 2021, driven by community support and Elon Musk's tweets, SHIB surged to an all-time high of $0.000088.
If you had invested just $100 in August 2020 when $SHIB was worth $0.00000000007, it would have turned into $125,000 at its peak—a 125,000% return.
Compared to Bitcoin, which has grown 69 million% since its early days, SHIB’s rise is incredible, though its growth is more driven by hype and community than fundamentals. Still, SHIB's expansion into DeFi, NFTs, and the Shiba Metaverse shows its potential to become more than just a meme.