Shib lead, responded to claims that Bitcoin is the best-performing asset of the past decade by noting SHIB growth rate. While BTC has had an impressive run recently, reaching close to its March 2024 all-time high of $73,750 before facing resistance and dropping back to $72,000, Kusama insists that Shiba Inu has outperformed it in terms of lifetime gains.
BTC’s 569,772% Gains Spark Debate
Some prominent voices in the crypto world, such as Vivek Sen, founder of Bitgrow Lab and reporter for Bitcoin Magazine, recently praised Bitcoin’s performance, noting that it outpaced major assets like Amazon, Tesla, Apple, and Gold, delivering gains of 569,772% over the last decade. This, according to Sen, cements Bitcoin’s status as the best-performing asset of the last ten years.
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Kusama Counters with SHIB’s 33,774,726% Surge
He countered Sen’s assertion, pointing out SHIB’s 33,774,726.7% price increase since its inception, which surpasses BTC gains by 66 times. He added that his comments weren’t meant to disrespect Bitcoin, which he described as the “Greatest of All Time” (GOAT), but were aimed at bringing recognition to Shiba Inu’s phenomenal rise.
Beyond Bitcoin, Kusama also highlighted Shiba Inu’s outperformance of other major cryptocurrencies, including Dogecoin (DOGE), Solana (SOL), and Binance Coin (BNB). SHIB’s lifetime growth far surpasses these assets, which show lifetime gains of 202,583%, 35,715%, and 1,521,482%, respectively, Kusama noted.
Kusama Pushes for Recognition of Shiba Inu’s Value
Despite SHIB’s extraordinary rise, Kusama noted that there is still work to do needed to earn SHIB the respect it deserves. He advised the crypto community to pay attention to it, hinting that the token could receive the recognition it deserves.
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Since its launch in August 2020 at an initial price of $0.000000000056, SHIB hit an ATH of $0.00008616 on October 28, 2021, an increase of 153,857,042%.
Though it has since dropped 77.8% from this peak to its current price of $0.00001909, Shiba Inu still boasts an impressive 34,089,185% increase from its starting price, securing its place as one of the crypto market’s most astounding success stories.