$1,000 in SHIB Five Years Ago? Here’s the Life-Changing Sum You’d Be Holding Now
Memecoins laughed all the way to the bank—while traditional investors clutched their pearls.
From joke to juggernaut
Shiba Inu (SHIB) defied every skeptic’s spreadsheet. A $1,000 punt in 2020 would’ve ballooned into a fortune by 2025, turning 'dog money' into serious wealth.
The math that mocks financial advisors
No fancy derivatives, no hedge funds—just a token with a dog logo outpacing 99% of Wall Street’s 'carefully curated' portfolios. The numbers speak for themselves (and they’re screaming).
Crypto’s ugly truth: luck beats logic
For every SHIB millionaire, there’s a finance PhD still waiting for their 'rational investment thesis' to pay off. The market doesn’t care about your credentials—it rewards those who dare early.
What is Shiba Inu coin?
At its core, Shiba Inu is an altcoin created in homage to another internet favorite,. Launched in 2020 by a team of anonymous developers collectively known under the pseudonym Ryoshi, Shiba Inu's original purpose leaned more toward capitalizing on culture-driven trends and meme-fueled hype rather than serving as a prudent investment vehicle.
Where it differs from Dogecoin, however, is in its technical foundation and subsequent product ecosystem. Unlike Dogecoin, Shiba Inu runs on the ethereum blockchain network as an ERC-20 token. This is an important differentiator, as the Ethereum architecture provides Shiba Inu with access to a broad suite of sophisticated utilities beyond simple decentralized payments.
One of its major offerings is ShibaSwap, a decentralized exchange (DEX) where users can trade the SHIB token, stake their positions to earn rewards, and even engage with metaverse-adjacent projects -- including initiatives featuring non-fungible tokens (NFTs).
Image source: Getty Images.
Is Shiba Inu a good investment?
In theory, Shiba Inu's expansion into numerous applications across decentralized finance (DeFi) should help position the token beyond the speculative nature of meme culture. Let's take a look at Shiba Inu's price action since it launched to get a sense if these investments have helped the token transcend its affiliation with meme culture.
Since its debut about five years ago, the price of Shiba Inu token has fluctuated dramatically, with volatility levels outpacing the turbulent norms of the cryptocurrency market. Unlike mainstream opportunities like Bitcoin, Ethereum, or, the price of Shiba Inu has never traded for more than mere fractions of a penny.
According to data from CoinMarketCap, Shiba Inu's price when it launched hovered around $0.00001008. In 2021, the token ROSE by more than 770% to a whopping $0.000088 following its listing on.
As of this writing on Aug. 14, Shiba Inu trades for $0.000013, representing a 29% gain from its launch price. That means a $1,000 investment at Shiba Inu's debut WOULD be worth about $1,290 today.
^SPX data by YCharts
While this is respectable, it vastly underperforms the gains seen across the(^GSPC -0.29%) and(^IXIC -0.40%) over the same time frame.
