The Shiba Inu has been in the spotlight for several weeks. However, despite spectacular increases, the price of Shiba Inu had still not regained the level of its ATH reached before the crypto crisis of 2021. It is now done!
The performance of the Shiba Inu is enough to make any crypto investor drool with envy. Since the beginning of October, the Shiba Inu seems unstoppable! Today, October 24, 2021, the Shiba Inu has just hit hard again …
New ATH for Shiba Inu!
Just yesterday, we explained to you that the Shiba Inu could break a new record very quickly. It didn’t take long to see this prediction come true!
Yesterday, we said that it “was enough” that the price of the SHIB take 20 points to find its historical maximum. For most cryptos, such an increase is unlikely to happen overnight … but not for the Shiba Inu!
Moreover, the Shiba Inu has even doubled the bet! Over the last 24 hours, the price of SHIB has increased by 45%! This was more than enough to reach heights never reached in the past.
Before today, the ATH of Shiba Inu dates back to May 10, 2021 with a price of 0.000033 €. After that, the SHIB was hit by the crisis. Its price had remained for many months below the € 0.00001 bar, until October when it exploded!
This Sunday, October 24, 2021, the SHIB price set a new record around 1:20 p.m. (French time). Shiba Inu’s new ATH is now € 0.00003815 !
At the time of writing, the SHIB price has come down somewhat. However, it still remains above the old ATH of April with a price around 0.00003613 €.
A leap in the ranking of global cryptos
Just two weeks ago, the Shiba Inu was barely at the foot of the world’s top 20 cryptos. But since then, his impressive performances have given a nice boost in the standings!
To this day, the Shiba Inu proudly sits at the 12th place of the largest cryptos in the world. The SHIB has therefore gained 8 places in less than 2 weeks! Its capitalization of 13.77 billion euros places it between Terra (14.19 billion euros) and Uniswap (13.74 billion euros).
This progression allows the Shiba Inu to pass the big names that were installed in the top 20 for a long time, in particular Uniswap (13th), Avalanche (14th), Litecoin (17th) or even Bitcoin Cash (19th).
How far can the Shiba Inu go? Remember that the increase in the price of SHIB is partly caused by the rumor of its upcoming listing on Robinhood. So what can we expect if this rumor does come true? In any case, the price of Shiba Inu is on track to continue to explode in 2022. It is therefore not too late to invest in this extraordinary crypto!
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