In spite of recent volatility, the price of one Shiba Inu (SHIB) meme token has increased by more than 30 million times in the past year.
Comparing the price of a single SHIB token on December 18, 2020, to the price of the meme token on December 17, 2021, the former is over $0.000032 while the latter was $0.000000000001. Therefore, if you had have invested $1 in SHIB a year ago, you could walk away with $32 million today despite the recent volatility.
In the last month, the digital asset has fallen from $0.00004933 to $0.00003203, meaning it has lost 35.06% of its value. In this time, the dog token has lost almost $10 billion from its market worth, falling from $27.2 billion to $17.59 in the last 30 days, as $9.61 billion was wiped from its market cap.
Record number of Shiba Inu holders
Recently we reported that SHIB, despite wiping 40% from its market cap in a month it had continued to grow its number of holders to a record-high