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Shiba Inu (SHIB) is still up by 2,600,000% for the past 365 days, according to Watcher.Guru. This shows that regardless of how several other cryptos struggled with the ups and downs of the market beginning of this year, the SHIB token was not affected heavily.
In some way, the yearly volume of the SHIB‘s 2,600,000% figure tells that all the seemingly hypes and sentiments about Shiba Inu of late weren’t in vain. Instead, it was otherwise preparing SHIB for a better and lucrative phase ahead. Even in the past months, a day will not pass, without a piece of Shiba-related news.
#SHIB is still up 2,600,000% in the last 365 days.
— Watcher.Guru (@WatcherGuru) December 5, 2021
The SHIB token has subtly climbed ranks even more than how the crypto world expected. Meanwhile, at the beginning of its inception, traders didn’t have much interest in the SHIB token like today before it started a staggering spike in price.
Unlike how many other cryptocurrencies die off a short time after their price increase, Shiba Inu has maintained a stunning price performance. This makes it a direct threat to many other cryptos including Dogecoin (DOGE).
At writing time, SHIB trades at a decent price of $0.00003739. Also, it has more than $20 billion as its market capitalization volume, ranking as the 13th biggest cryptocurrency in the world on CoinMarketCap.