Shiba Inu Celebrates 5th Anniversary as SHIB Team Highlights 21,600,000% Gains

Key Points

1. Shiba Inu launched on August 1, 2020, and has achieved a 21,600,000% gain since its inception.

2. The token reached an all-time high of $0.0000885 on October 28, 2021, with a peak market cap of ~$41 billion.

3. Shiba Inu's ecosystem includes ShibaSwap (a decentralized exchange) and Shibarium (a layer-2 blockchain), launched in July 2021 and August 2023, respectively.

4. As of August 1, 2025, SHIB was trading at $0.000012, following a market sell-off that resulted in $751 million in crypto liquidations.

5. The meme coin sector, including SHIB, is experiencing volatility due to broader market sell-offs and macroeconomic uncertainty.