Shiba Inu (SHIB) Team Says Experiment Continues Amid Price Surge

The Shiba Inu (SHIB) team has stated that its famous "experiment" is far from over as the memecoin approaches the sixth anniversary of its launch.

Alex Dovbnya · 27 Jul 2026 · 4 min read

Wire content from U.Today

Shiba Inu (SHIB) Team Says Experiment Continues Amid Price Surge

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Alex Dovbnya

Mon, 27/07/2026 – 20:00

The Shiba Inu (SHIB) team has stated that its famous “experiment” is far from over as the memecoin approaches the sixth anniversary of its launch.

Shiba Inu (SHIB) Team Says Experiment Continues Amid Price Surge

Cover image via depositphotos.com

The Shiba Inu team has made it explicitly clear that the “experiment will continue” on the cusp of the sixth anniversary of the token’s launch.

This comes after the price of the embattled meme coin soared by roughly 20% within just a week, becoming one of the best-performing tokens within the top 30.

Still, the price of SHIB is down roughly 95% from its record peak that was reached over four years ago back in October 2021.

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How the experiment started

SHIB was launched on August 1, 2020, by the anonymous developer known as Ryoshi. It was introduced as an ERC-20 token on Ethereum.

The famous memecoin was launched by simply minting 1 quadrillion SHIB tokens and setting up a liquidity pool on Uniswap.

Notably, half of the token’s supply was sent to Vitalik Buterin, the legendary creator of the Ethereum cryptocurrency. Sending such a large portion of tokens to Buterin was meant to show that there was a sufficient level of decentralization.

The token would remain under the radar for months before finally making some of its first headlines.