Shiba Inu: 3 times SHIB 'shocked and surprised' its own investors
Shiba Inu was launched on August 1, 2020, and traded at a modest price of $0.000000000056 on the first day. SHIB was a relatively unknown and obscure token and only a few investors were aware of its existence. However, investing in SHIB in 2020 was considered risky as the token quickly wiped out holders' portfolios dramatically. Things changed in early 2021, as the dog-themed cryptocurrency managed to delete the 'zero' and the rest is history.
In its nearly three years of existence, Shiba Inu has surprised and surprised its own investors every month. In this article, we will highlight the top 3 events that shocked and surprised SHIB investors.
1. Disappearance of Ryoshi, founder of Shiba Inu
The disappearance of Shiba Inu founder Ryoshi shocked the SHIB community when he randomly deleted his Twitter handle one day on May 30, 2022. Ryoshi also deleted all of his Medium blogs about Token, including the first 'All Hail the Shiba'. His sudden disappearance sent shockwaves through the community with speculation that the token might have been pulled from the carpet.
However, investors realized that Ryoshi had already planned to pack his bags in the blog because he wanted the token to remain decentralized without a leader. According to Ryoshi's vision, investors are the real leaders and should lead this token to glory.
2. Side by side with Dogecoin
During its early days, Shiba Inu's tagline was 'Dogecoin killer'. The accent was loud and strong when Dogecoin was a mainstay. Billionaires, celebrities, athletes, and rappers, among others, were talking about DOGE. SHIB challenged DOGE's position and came close to removing him from the spotlight.
Shiba Inu Overshadows Dogecoin Surprises Investors As SHIB Makes Its Name However, the Shiba Inu team removed the 'Dogecoin killer' language after news about it started circulating in mainstream outlets.
3. Six 'Zeros' deleted in 10 months.
While investing in SHIB was considered a foolproof choice in 2020, investors were surprised to see it start to depreciate from 'Zero' in 2021. The average investment of $1,000 turned into $1 million between January and October 2021, making investors regret not buying it. initial token. Moreover, the token has not deleted the 'zero' since it reached its all-time high of $0.00008616 on October 28, 2021.