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.
NEWS SOURCE:coingecko.com

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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