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Shiba Inu (SHIB) became one of the most talked-about meme coins in history after delivering astronomical returns in 2021. The "Dogecoin killer" has a passionate community and an expanding ecosystem, but remains highly speculative.
SHIB's Legendary 2021 Run
SHIB launched in August 2020 at roughly $0.000000000056 and surged to $0.000086 by October 2021 — a gain of over 100,000,000%. A $100 investment at launch was briefly worth millions. Our profit calculator can model any portion of this move.
Understanding SHIB's Large Numbers
SHIB has a quadrillion-coin total supply, which is why it trades at tiny decimal values. Despite this, the total market cap is calculated the same way: Price × Circulating Supply. A move from $0.000008 to $0.000028 is still a clean 250% gain regardless of how many zeros are involved.
The SHIB Burn Mechanism
The Shiba Inu community has burned trillions of SHIB tokens to reduce supply and theoretically support price. Tracking the burn rate alongside price can inform long-term SHIB investment decisions.