So guys, word on the streets is Shiba Inu was the big dog in town today, reaching a daily high of 76% and trending on Twitter and Google perhaps more than the grand shutdown of Facebook, WhatsApp, Instagram. So what caused the price of the coins to spike, and is it a good time to FOMO on to this train as it bullets past? Let's get into it.

For a breakdown of the SHIB token and its history, you can check out my previous post, Swapping my SHIB where I highlighted the coin's listing on Coinbase and announced my plans to swap to another token.

Well, I'll be the first to admit, today was certainly a slap to the face of my theory that the coin wasn't going to pump much further this year. Shiiid,  things went parabolic for a moment after Tesla CEO Elon Musk tweeted a picture of his dog.

Yep, as simple as that. Talk about puppy power!

And in case you are thinking of scurrying off to buy Floki Inu or Floki Shiba or Dogecoin Billionaire or Hero Dogecoin or one of the myriad of Shiba Inu influenced meme tokens, you may want to hold on your coins a bit longer, because SHIB ran solo today. 

And so to answer the number one question on the net today...

Will SHIB reach 1 cent?

This post might not age well, but I don't think this is going to happen in the near future. There's quite a few zeros that must be eliminated before we get to that stage, and though SHIB reportedly eviscerated a zero in its run today in one of the few high points the coin has seen since Ethereum co-founder Vitalik Buterin burned his share of SHIB in May,  it was back to trading at $0.00001279 by the time of this post. So it's not likely but it is possible.

And should you invest in the coin right now? I don't know. The way I see it, with the coin already recording quarterly highs, I would personally opt for caution before I hitched my wagon on to the SHIB or any other runaway train. If I really were to invest, I'd wait for the dip. But that's just me. I missed out on COMP's  air drops, after all, so I am hardly in a position to give investment advice to anyone.

Anyway, what do you think guys? Do you see SHIB continuing this run all the way up to 1 cent or will you be taking profits now that the coin is on the rise?

I'd love to know your views on this one. Well guys, that's it for me. Until the next one, be safe!