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One of the cryptocurrencies that trended late in 2022 was Shiba Inu SHIB/USD . Heres a look at where the coin stands compared to its all-time high and what could be next.

What Happened: Shiba Inu launched in August 2020 as a similarly themed cryptocurrency to Dogecoin DOGE/USD . The coin has quickly gained a following and is now one of the 15 largest cryptocurrencies by market cap.

Shiba Inu is part of a decentralized exchange called ShibaSwap, which also includes the tokens Leash and Bone.

A Shiba-Inu based NFT project called Shiboshis launched in November 2021.

Shiba Inu was previously only available on decentralized exchanges like Uniswap. The addition of Shiba Inu to cryptocurrency platforms like Coinbase, Kraken and Robinhood helped increase awareness of the coin and its valuation.

In late 2021, Shiba Inu became a trending cryptocurrency and hit an all-time high price. The coin trended on Twitter and Google searches. Fans of the cryptocurrency called for Shiba Inu to hit 1 cent.

Shiba Inu is up over 50% year-to-date in 2023, but remains well off of its highs hit in 2021. Heres a look at how much an investment today could beworth if the coin returns to all-time highs.

Related Link: How To Buy Shiba Inu

Investing $100 in SHIB: A $100 investment in Shiba Inu today could purchase 7,390,983 coins based on the current price of $0.00001353 at the time of writing.

If Shiba Inu gets back to its all-time high of $0.00008845, the $100 investment would turn into $653.53, marking a return of 553.7%.

Shiba Inu has a market capitalization of $7.4 billion, ranking 13th among all cryptocurrencies.

There is no guarantee that Shiba Inu will return to its all-time highs, with some believing that 2021 marked the peak of many cryptocurrencies.

The hypothetical investment shows that a small investment could gain over time if the cryptocurrency market returns to highs.

Read Next: Shiba Inu Consolidates As Bitcoin Busts Through $25,000, What's Happening

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Deadly Russian strikes condemned as ‘savage’ – as dozens more injured in Ukrainian city

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Deadly Russian strikes condemned as 'savage' - as dozens more injured in Ukrainian city

At least four people have been killed in the eastern Ukrainian city of Kharkiv after a series of Russian attacks.

President Volodymyr Zelenskyy described one of the attacks as a “savage killing”, saying dozens of people had been injured.

It comes after Kyiv embarrassed Moscow when it launched a daring drone raid deep inside Russia last weekend, destroying dozens of bombers.

Firefighters work at the site of a building hit by a Russian drone strike in Kharkiv. Pic: Reuters
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Firefighters work at the site of a building hit by a Russian drone strike in Kharkiv. Pic: Reuters

Meanwhile, attempted US-led peace talks between the two appear to be floundering.

During the attacks on Saturday, Kharkiv mayor Ihor Terekhov said: “Kharkiv is currently experiencing the most powerful attack in the entire time of the full-scale war.”

The first wave of the Russian strike was a large drone-and-missile attack in the early hours of Saturday morning.

Nightly attacks from Moscow have become a routine part of the conflict.

At least three people died and 21 others were injured. There are reports that some people remain trapped underneath the rubble.

Then, in the afternoon, Russia dropped aerial bombs on the city centre, killing at least one person and wounding more.

Ukraine and Russia also accused one another of trying to sabotage a planned prisoner exchange.

Rescuers and paramedics carry an injured resident after she was freed from debris in Kharkiv.
Pic: Reuters/Sofiia Gatilova
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A woman was freed from debris in Kharkiv. Pic: Reuters/Sofiia Gatilova

Residents reckon with Russian strikes

As emergency workers fought fires at the attack sites in Kharkiv, residents had to deal with the fallout of strikes that could have claimed their lives.

Alina Belous tried to extinguish flames with buckets of water to rescue a young girl trapped inside a burning building, as she called out for help.

“We were trying to put it out ourselves with our buckets, together with our neighbours,” she said.

“Then the rescuers arrived and started helping us put out the fire, but there was smoke and they worried that we couldn’t stay there.

“When the ceiling started falling off, they took us out.”

An injured resident is taken away by paramedics after being rescued in Kharkiv following a Russian attack.
Pic: Reuters/Sofiia Gatilova
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A man is taken away by paramedics in Kharkiv. Pic: Reuters/Sofiia Gatilova

An apartment building hit by Russia's attack on Kharkiv on Saturday.
Pic: Reuters/Vitalii Hnidyi
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An apartment building hit by Russia’s attack on Kharkiv. Pic: Reuters/Vitalii Hnidyi

Vadym Ihnachenko said he initially thought it was a neighbouring building going up in flames – not his own.

He was forced to flee after seeing smoke coming from his building’s roof.

Diplomatic efforts stall

Several other areas in Ukraine were also hit, including the regions of Donetsk, Dnipropetrovsk, Odesa, and the city of Ternopil, Ukrainian foreign minister Andriy Sybiha said.

Russia acknowledged the attacks, but not the deaths, saying it had targeted military sites, while pictures show apartment blocks on fire.

Read more:
Putin plays the victim to get the US onside
Putin vowed revenge against Ukraine, Trump says

Rescuers carry away an injured resident after the first wave of Russia's attack on Kharkiv.
Pic: Reuters/Sofiia Gatilova
Image:
Rescuers carry the injured after the first wave of Russia’s attack. Pic: Reuters/Sofiia Gatilova

The regional governor, Oleh Syniehubov, said children were among those injured in the first attack.

While a US-led diplomatic push for peace has led to two rounds of direct peace talks between delegations from Russia and Ukraine, they delivered no significant breakthroughs.

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Later on Saturday, Russia and Ukraine also accused each other of endangering plans to swap 6,000 bodies of soldiers killed in action.

This had been agreed during peace talks in Istanbul, Turkey, on Monday.

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Briscoe wins third straight pole at Michigan

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Briscoe wins third straight pole at Michigan

BROOKLYN, Mich. — Chase Briscoe won his third straight pole and NASCAR -high fourth this year at Michigan International Speedway on Saturday.

Briscoe, driving the No. 19 Toyota for Joe Gibbs Racing, turned a lap of 195.514 mph in qualifying on the 2-mile oval in the fastest pole in the Cup Series since Ryan Blaney went 200-plus mph at Texas in 2018.

He is aiming for his first win this year after five top-five finishes, and the third victory of his career.

“It will be nice starting up front and we’ve been able to do that now three weeks in a row but haven’t been able to execute with it,” Briscoe said. “So, hopefully third time is a charm.”

Kyle Busch, in the No. 8 Chevrolet, will start second Sunday in the FireKeepers Casino 400.

Denny Hamlin, in the No. 11 Toyota, qualified third and points leader William Byron, in the No. 24 Chevrolet, was fourth.

Defending race champion Tyler Reddick, in the No. 45 Toyota, will start 12th and for 23XI Racing, which is suing NASCAR.

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Hamlin undeterred by ruling siding with NASCAR

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Hamlin undeterred by ruling siding with NASCAR

BROOKLYN, Mich. — Denny Hamlin is unfazed that a three-judge federal appellate panel vacated an injunction that required NASCAR to recognize 23XI, which he owns with Michael Jordan, and Front Row as chartered teams as part of an antitrust lawsuit.

“That’s just such a small part of the entire litigation,” Hamlin said Saturday, a day ahead of the FireKeepers Casino 400. “I’m not deterred at all. We’re in good shape.”

Hamlin said Jordan feels the same way.

“He just remains very confident, just like I do,” Hamiln said.

NASCAR has not commented on the latest ruling.

23XI and Front Row sued NASCAR late last year after refusing to sign new agreements on charter renewals. They asked for a temporary injunction that would recognize them as chartered teams for this season, but the Fourth Circuit Court of Appeals in Richmond, Virginia, on Thursday ruled in NASCAR’s favor.

“We’re looking at all options right now,” Hamlin said.

The teams, each winless this year, said they needed the injunction because the current charter agreement prohibits them from suing NASCAR. 23XI also argued it would be harmed because Tyler Reddick’s contract would have made him a free agent if the team could not guarantee him a charter-protected car.

Hamlin insisted he’s not worried about losing drivers because of the uncertainty.

“I’m not focused on that particularly right this second,” he said.

Reddick, who was last year’s regular-season champion and competed for the Cup title in November, enters the race Sunday at Michigan ranked sixth in the Cup Series standings.

The charter system is similar to franchises in other sports, but the charters are revocable by NASCAR and have expiration dates.

The six teams may have to compete as “open” cars and would have to qualify on speed each week to make the race and would receive a fraction of the money.

Without a charter, Hamlin said it would cost the teams “tens of millions,” to run three cars.

“We’re committed to run this season open if we have to,” he said. “We’re going to race and fulfill all of our commitments no matter what. We’re here to race. Our team is going to be here for the long haul and we’re confident of that.”

The antitrust case isn’t scheduled to be heard until December.

NASCAR has not said what it would do with the six charters held by the two organizations if they are returned to the sanctioning body. There are 36 chartered cars for a 40-car field.

“We feel like facts were on our side,” Hamlin said. “I think if you listen to the judges, even they mentioned that we might be in pretty good shape.”

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