When Shiba Inu (CRYPTO: SHIB) was launched on Aug. 1, 2020, it was widely seen as a playful parody of Dogecoin (CRYPTO: DOGE), which arrived in 2013 and used the Shiba Inu dog as its mascot.

Shiba Inu started trading at just $0.000000000056 per token on its first day. But it eventually soared to its all-time high of $0.00008616 on Oct. 28, 2021, and trades at about $0.00000947 today. In other words, a $200 investment in Shiba Inu would have briefly blossomed to $307.7 million before shrinking back to about $34.2 million today. The same investment in Bitcoin (CRYPTO: BTC) would only have grown to about $740 during the same period.

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Source Fool.com