The Shiba Inu celebrates its second birthday; here is how the trip progressed during these two years. Shiba Inu (SHIB) marks its second anniversary, having launched in August 2020, with an initial circulating supply of one quadrillion tokens.
—Blockbulletin (@Blockbulletin_) August 1, 2022
Within two years, the vaunted ”Dogecoin killer” has seen growth on all fronts, but also incredible falls.
Two years, and the journey continues
The community : As of this writing, Shiba Inu owners number 1,216,316, according to WhaleStats data, while SHIB boasts 3.4 million Twitter followers.
Crypto exchange listings : Shiba Inu has seen numerous listings on several 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 experienced many “collaborations” over time. Most recently, Shiba Inu announced their partnership with visualization studio The Third Floor (TTF) to design and build their SHIB.io The Metaverse project. In December 2021, Shiba Inu Games partnered with PlaySide to work on a mobile game that will feature NFTs from the collection “Shiboshi“. Shiba Inu has also announced a collaboration with designer John Richmond, thus entering the fashion world.
In February, Italian restaurant Welly underwent a rebrand after partnering with Shiba Inu. The payment gateway NOWpayments also continues to expand its support for SHIB.
Combustion efforts : Community burning efforts are more active, with over 410,375,889,785,602 burned out of the initial supply of 1 quadrillion.
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 this year, which has burned billions of Shiba Inu tokens. Ongoing developments include major 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 lead consultant for Shiba Inu Games. Shiba Inu also announced the hiring of its first legal advisor: 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 ranks 13th, according to data from Coingecko.