When Shiba Inu launched in August 2020, it was just another meme-inspired cryptocurrency amidst a sea of new entrants. Its early tag as ‘Dogecoin’s killer’ propelled it into the spotlight. This label sparked a surge of interest from speculative traders seeking to capitalize on the next viral coin. What started as an obscure token quickly gained attention, culminating in Shiba Inu entering the mainstream crypto scene as a rival to Dogecoin itself. 2021 witnessed a phenomenal rise for SHIB that took it to uncharted territory. 2021 saw its price surge by over 88 million percent, transforming a modest $2,000 investment into an unrealized $120 million fortune if the investor had held on until October’s all-time high. This meteoric run of Shiba Inu made it one of the most significant success stories in meme coin history. However, the early gains were tempered by a quick sell decision. This story serves as both a reminder of how quickly fortunes can be made and lost in the volatile crypto market.