Shiba Inu (SHIB) also known as the Shiba Token was created in August 2020. The only reason I mentioned it's creation date is to show that it is less that one year old at the time I am writing this article. For a cryptocurrency that has been available for almost 9 months only, I believe that SHIB has a far more explosive performance than DOGE - making it worthy of it's name - THE DOGE KILLER.
Photo from: niarametrix.com
Right now, the price of one SHIBA Token is equivalent to $0.0000967.
There are currently 414483 holders and every minutes you refresh your screen, this amount keeps growing. I am expecting it to be around 1000,000 or above by the end of 2021. Interestingly, compared to other coins that came up long before SHIBA, the super (SHIBA) token has moved to a rank of #35.
I have always been a fan of big tokens such as Bitcoin, Ethereum, BNB, etc. But for the first time, I have dared to invest in a token with such a low value. I know that there is a big risk into it, but without risks we will never achieve success. Why did I chose to invest in a cheap token? Very simple, a move backward to 1 decimal place means my investment multiplies by 10. And with such a low value, there are great chances for it to go to few decimal places backwards.
The token also gained reputation after the founder of Ethereum burned 40% of what he is holding. The SHIBA community grows stronger day by day. I cannot wait to see the young SHIBA grow into a big dog bigger than the DOGE.