The Shiba Inu celebrates its second birthday; this is how the trip went in these two years. Shiba Inu (SHIB) is celebrating its second anniversary, having launched in August 2020, with an initial circulating supply of one quadrillion tokens.
—Blockbulletin (@Blockbulletin_) 1 August 2022
Within two years, the praised “Dogecoin assassin”Has seen growth on all fronts, but also incredible falls.
Two years and the journey continues
The community : At the time of writing, the Shiba Inu owners are 1,216,316, according to data from WhaleStats, while SHIB boasts 3.4 million followers on Twitter.
Cryptocurrency Exchange Lists : Shiba Inu has seen numerous adverts on different global exchanges, there are over 100 today, including Coinbase, Binance, Kraken and others. More recently, Shiba Inu launched Bitmex and Coins.ph.
Collaborations : Shiba Inu has lived through many “collaborations“over time. Most recently, Shiba Inu announced its partnership with visualization studio The Third Floor (TTF) to design and build their project SHIB.io The Metaverse. In December 2021, Shiba Inu Games partnered with PlaySide to work on a mobile game that will contain NFT from the collection “Shiboshi“. Shiba Inu has also announced a collaboration with designer John Richmond, thus entering the world of fashion.
In February, Italian restaurant Welly underwent a rebranding after partnering with Shiba Inu. The payment gateway Payments NOW also continues to expand its support for SHIB.
Combustion efforts : Community combustion efforts are most active, with more than 410,375,889,785,602 burned of the initial 1 quadrillion supply.
Launches and continuous development : The first breakthrough was the launch of Shibaswap in July 2021. At the end of March 2022 the Shiba Inu Metaverse was born. In addition, the official Shiba Inu burning portal was launched in April of this year, which burned billions of Shiba Inu tokens. On-going developments include the main financial components of Shiba Inu, Shibarium, SHI (Shiba Inu Stable Currency) and SHIBFE, which are nearing completion. Others are ShibaSwap 2.0, Shiba Inu Games x Playside, etc.
The Shiba Inu team is growing : In November, Shiba Inu revealed that William Volk was the main consultant for Shiba Inu Games. Shiba Inu also announced the hiring of its first legal counsel: Craig Kessler Esquire (CK1), as well as additions to the Metaverse teams in the person of Sherri Cuono, Marcie Jastrow and David Kern.
At one point, SHIB overtook Dogecoin in market capitalization. Currently, SHIB is in 13th place, according to Coingecko data.