What China Just Released About Shiba Inu Coin & When Shib Will Hit $1.00

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What China Just Released About Shiba Inu Coin & When Shib Will Hit $1.00

Let’s take a look at the history of SHIB’s price, and see if it can help us make a Shiba Inu coin price prediction. When it launched in August 2020, it was worth somewhere in the region of $0.0000000001. It stayed around that level for most of the first nine months of its existence. But then something happened. When DOGE rallied in early May 2021, people started to look for the next dogecoin and a lot of them settled on SHIB. This meant that on 8 May, the day Elon Musk appeared on Saturday Night Live, the price exploded, going from $0.000005246 to $0.00001883, a rise of around 260%. While Musk’s appearance on the American TV institution actually hit DOGE’s price, SHIB continued to expand, reaching an all-time high of $0.0000388 on 10 May.

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