Throwback: 1-Year Ago Today Shiba Inu was Priced at $0.000000000001, Now it’s $0.00004

Vinod Dsouza
Shiba Inu Twitter

We’re taking you for a walk down memory lane of Shiba Inu. On this day one year ago, 1 SHIB coin was worth 0.000000000001. Fast-forward to the same today in 2021, 1 SHIB is now worth $0.00004. That’s a staggering +55,200,000% increase in just 365-trading days.

Overall, SHIB’s year-on-year (YOY) growth from FY20-21 has spiked +620,106,93% making early investors millionaires in just a year. Investors who took an early entry position reaped all the rewards of the phenomenal SHIB growth. In reality, SHIB has made several poor, middle and working class people live a financially stable life.

Shiba Inu token was trading with 10 ‘zeroes’ in November 2020.

An investment in Shiba Inu turned out to be the key to richness for common people. However, the dream continues among the newer batch of investors who hope and pray to receive similar wealth. While some say SHIB has already reached its pinnacle and won’t go beyond, the others claim that its run has just started. It’s hard to conclude who among the two is right as only time can answer that million dollar question.

Also, hope is a powerful force and is the sole purpose of our existence. Investors believe that SHIB can breach the 1 Cent milestone much faster than naysayers believe and are holding on to the long term.

Several investors are continuously buying the dips and adding bag loads of Shiba Inu to their portfolio. They believe in the ‘1 Cent Dream’ and are collectively working together to make it reach the dream milestone. Stock and crypto analyst Del Crxpto was the first to coin the phrase the ‘1 Cent Dream’. The phrase struck a chord among investors and strongly believe that SHIB’s glory days lay ahead.

Shiba Inu: The ‘Zeroes’ Knocker

To be precise, on November 30, 2020, Shiba Inu’s price was $0.000000000063 and was trading it 10 ‘zeroes’. The coin has knocked out six ‘zeroes’ in 12 months and is currently trading in the indices with four ‘zeroes’.

SHIB has been knocking out ‘zeroes’ from its trade at regular intervals. The coin is now at crossroads of propelling further and could repeat October’s stellar run again in the coming months.

A Robinhood listing can make its price delete two ‘zeroes’ and reach a new all time high (ATH). In October 2021. Shiba Inu spiked +900% and reached an ATH of $0.00008616. The coin is now -50% from its ATH and is dipping since close to a week now.

At the time of publishing, Shiba Inu was trading at $0.00004367 and is down -2.39% in the days trade.