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Shiba Inu was created in early August 2020 and has since become a serious rival to Dogecoin. The asset has displaced many DOGE wannabes like Jindo Inu, Alaska Inu, Baby Dogecoin, and several others.

From Dogecoin’s iconic moonshot to Shiba Inu’s multi-millionaire-making rise, these quirky, internet-fueled cryptocurrencies ...

The Shiba Inu (CRYPTO: SHIB) cryptocurrency opened at a price of $0.00000000008 per token in 2021 before soaring by a whopping 107,499,900% to a peak of $0.000086 in October of that year.

Shiba Inu delivered one of the greatest returns in the history of financial markets during 2021. Shiba Inu proceeded to fall more than 90% from its peak by mid-2022, but it staged a recovery in 2024.