Shiba Inu was launched in August 2020 and the dog-themed token delivered stellar returns to early investors. SHIB traded at a modest price of $0.000000000972 during its initial days with a total of nine ‘zeroes’. However, two months post its launch, it added an extra ‘zero’ in October 2020 and remained the same till December.
SHIB traded with 10 ‘zeroes’ during the last quarter of 2020 and people who invested back then, made millions before the end of 2021. Stories of common people turning millionaires after investing in Shiba Inu made headlines last year. Read here to know how a truck driver made millions after investing a mere $650 in SHIB during its initial days.
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Here’s How Many ‘Zeroes’ Shiba Inu Deleted From March 2021 to 2022
Shiba Inu’s fortunes changed from January 2021 as it deleted two ‘zeroes’ in the same month. From 10 ‘zeroes’ in December 2020, it traded with only eight ‘zeroes’ the very next month in January. This accelerated SHIB’s price in the indices and little did investors know the token would have a ‘zero’ deleting spree the whole year.
SHIB spiked in price both January and February and began attracting extreme bullish sentiments. In March 2021, Shiba Inu deleted another ‘zero’ and traded with just seven ‘zeroes’ at the end of the month. Therefore, SHIB knocked out three ‘zeroes’ in just three months and delivered handsome returns to early investors.
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From March 2021 to March 2022 present-day, Shiba Inu deleted three ‘zeroes’ from its indices. In March 2021- SHIB had seven ‘zeroes’ and now in March 2022, SHIB has just four ‘zeroes’.
The development shows that SHIB steadily deletes ‘zeroes’ as the months’ pass and could be a prime investment in the long run. The token also has lots of developments in 2022 which includes Shaibarium, ShibaNet, Shiberse, among others. The upcoming developments could sustainably scale its price up that might delete further zeroes as the months’ pass. In addition, the SHIB ‘burn’ spree is also helping the token to shoot up in price.
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Read here for an in-depth and full list of developments on the cards for SHIB in 2022.
At press time, Shiba Inu was trading at $0.00002342 and is down -2.21% in the last 24-hours. The token is up a staggering +131,916.9% in the last 365-days.