Shiba Inu crypto skyrockets 27,000,000% in 1 year, thanks to Elon Musk

Shiba Inu crypto price has mooned 250% in the last month and isn't stopping, insane 27 million % in the last 12 months alone.

Published Oct 6, 2021 10:13 PM CDT   |   Updated Sun, Oct 31 2021 7:15 PM CDT
0 minutes & 40 seconds read time

Shiba Inu has absolutely exploded in price over the last 12 months, and in the last 24 hours alone the cryptocurrency has blown up by over 50% with a price of $0.00002522 at the time of writing.

Shiba Inu crypto skyrockets 27,000,000% in 1 year, thanks to Elon Musk 11

Why the manic price increase? Crypto and meme lord Elon Musk, the founder and CEO of SpaceX and Tesla, tweeted out a single image of his dog, Floki. Musk tweeted out on Monday a picture of his dog, with a simple caption of "Floki Frunkpuppy" and then the price of Shiba Inu skyrocketed.

Even though Musk didn't tweet about Shiba Inu specifically, but because Musk supports Dogecoin (a dog-focused cryptocurrency) we have Shiba Inu riding that high as well. Dogecoin has gone from around $0.20 to around $0.25 at the time of writing, but man has Shiba Inu gone nuts -- especially when you look at it over the last 12 months, with Shiba Inu and its absolutely insane 27,000,000% increase over 12 months.

The tweet in question from Musk.

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* Prices last scanned on 12/1/2022 at 11:14 pm CST - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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