Shiba Inu is celebrating its third birthday today, having been launched on August 1, 2020. In just three years, it has gained enormous popularity worldwide, becoming one of the most desired cryptocurrencies. People love it because it’s easy to get started with and affordable for regular investors.
During these three years, Shiba Inu has introduced several exciting developments. These include ShibaSwap, ShibaEternity, Shibosis, partnerships with Welly’s restaurant, and a collaboration with the John Richmond fashion line, among other exciting ventures.
The Shiba Inu ecosystem has grown even more with the introduction of Bone and Leash tokens. These tokens are essential for the upcoming Shibarium layer-2 network and SHIB: The Metaverse, each serving important roles in their respective platforms.
Shiba Inu Launch: Trading Volume of SHIB
When SHIB started trading, it had a humble price of $0.00000000051 (9 zeroes) and was not well-known. If someone had invested $1,000 on its launch day three years ago, they would have received a staggering 1.9 trillion SHIB tokens.
If those 1.9 trillion tokens were held until today, investors could have made an astonishing $16 million in just three years. This translates to a mind-blowing return on investment (ROI) of about 1,600,000%.
Alternatively, if the same 1.9 trillion tokens were held until SHIB reached its peak value of $0.00008616 in October 2021, they could have been worth a whopping $168.9 million! All this incredible wealth could have been earned from a simple $1,000 investment in SHIB on its launch day.
Exciting Future for SHIB: Upcoming Projects to Boost Its Price
Shiba Inu has numerous exciting developments in the pipeline that could significantly raise SHIB’s value in the market. Some of these upcoming projects include:
- Shibarium layer-2 network
- SHIB: The Metaverse
- ShibaSwap 2.0
- ShibaNet
- Treat token
- SHI stablecoin
These projects hold the potential to create sustainable growth and further enhance SHIB’s position in the cryptocurrency indices.
Shiba Inu’s first three years have seen millions of new and first-time investors joining the journey. However, to continue its growth, it needs to attract even more investors in the future.
Present-day investors have big aspirations and won’t stop until SHIB reaches the $0.01 mark, as they aim to achieve life-changing gains from their investments.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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