Shiba Inu was launched in January 2021, which is a long time for a crypto project. However, it’s still going strong, and even more astonishing, it’s outperforming several top meme coins.
Since its debut, SHIB has brought a handsome ROI for a chunk of its holders. Over the last year, it is up by 111%, although recent price corrections have dealt a blow to its price. Shiba Inu is currently valued at $0.0000163, and over $350 million worth of SHIB is traded each day. In essence, early SHIB investors made massive gains over the years, which is why investors are keenly searching for a promising new altcoin.