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The 3-Year Journey From $100 to $1.6 Million

Simon Osuji by Simon Osuji
August 1, 2023
in Business
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The 3-Year Journey From $100 to $1.6 Million
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One of the most popular meme coins is celebrating a notable birthday today, one that comes with an undeniably surprising journey. Shiba Inu (SHIB) is celebrating its 3- year anniversary with a return on investment (ROI) journey from $100 to $1.6 million. 

Shiba Inu’s rise to prominence is undeniable, as is its ecosystem’s growth. Indeed, as Shibarium approaches its mainnet release day, the asset celebrates its arrival three years ago today. As it first burst onto the scene in 2020 and set its trajectory to becoming the massively beloved asset and community it has today. 

Woof, woof, hooray! ???????? Our tails are wagging in excitement as we celebrate our 3rd birthday with the incredible #SHIBARMY Thank you for making this journey truly unforgettable. Together, we’ll keep barking our way to even greater heights ???? #ShibaInuBirthday ???? pic.twitter.com/oW63Ru3PuY

— Shib (@Shibtoken) August 1, 2023

Also Read: How High Can Shiba Inu Rise Post Shibarium? Google Bard Predicts

SHIB Birthday Marks Journey From $100 to $1.6 Million ROI

Shiba Inu is a cryptocurrency project that is well known to those in and outside of the digital asset sector. Brought to life to compete with the likes of Dogecoin (DOGE), the asset has built a thriving community. Moreover, it has built its ecosystem to manifest the necessary utility to compete with some of the largest digital assets on the planet.

SHIB launched on Ethereum in 2020 and has since become a global sensation. However, since its creation, the asset has continuously grown to become one of the most prominent meme coins on the market. Subsequently, it created a rather interesting trajectory from its humble beginnings. 

Shiba Inu (SHIB) Emerges as Top Pick for New Investors
Source: Mid-Day

Also Read: Shibarium Team to “Renounce” BONE Contract

Amidst the birthday of Shiba Inu (SHIB), there is a 3-year journey from $100 to $1.6 million, specifically in the asset return on investment. That’s right if you had invited $100 into the asset three years ago, you would have more than a million dollars. 

When it was initially created, half of the initially minted 410 trillion tokens were sent to Ethereum co-founder Vitalik Buterin. Subsequently, he buried 410 trillion of those tokens, lessening the circulating supply. Thereafter, the rest of those assets were kept in the liquidity pool on Uniswap. 

Also Read: Will Elon Musk Attend Shibarium Launch Event?

Shiba Inu has continued to grow its ecosystem through things like ShibaSwap and Shibarium. Currently, the asset is priced at $0.00000825, down 3.4% over the last 24 hours. However, despite the volatility, it has consistently grown. With no evidence needed outside of the massive return on investment that has been present since its arrival. 

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