In other words, Shiba Inu would be 12 times more valuable than the combined market cap of all 500 companies in the S&P 500, which stands at $47.5 trillion as of this writing.

That's why, Shiba Inu's price more than tripled twice in 2024, only to give up those gains as suddenly as they appeared. In 2021, this token rose in value by 1,000% in a matter of weeks twice.

Shiba Inu (SHIB 7.39%) could not have performed better for investors a few years ago. From the start of 2021 to its all-time high in late October that year, this digital asset absolutely skyrocketed.

Shiba Inu's (CRYPTO: SHIB) burn rate has spiked, alongside a rise in whale transactions and daily transactions. Key Shibarium updates reflect strong fundamentals for the meme coin.

Shiba Inu (CRYPTO: SHIB) made a name for itself in 2021 because it ended the year with an eye-popping gain of 45,278,000%, which would have been enough to turn a perfectly timed investment of $3 ...

Shiba Inu has witnessed a significant price rise, which has sent hundreds of trillion tokens back into profit. As a major player in the meme coin sector, SHIB's latest rally has had a considerable ...

Shiba Inu, on the other hand, was launched in August 2020 by an anonymous individual known as “Ryoshi.” Dubbed the “Dogecoin killer,” Shiba Inu aimed to build upon the meme coin concept ...

Shiba Inu burn rate soars 1500% as 30M SHIB removed in 24 hours Community-driven initiatives, including SHIB Torch, fueled the spike, contributing to a 14.92% weekly increase in burned tokens.

In other words, Shiba Inu would be 12 times more valuable than the combined market cap of all 500 companies in the S&P 500, which stands at $47.5 trillion as of this writing.