SHIBA INU (SHIB) is a digital currency that was launched in August 2020. It is an ERC-20 token that runs on the Ethereum blockchain. SHIB is often referred to as the "Dogecoin killer" because it has a similar dog theme.Since its launch, SHIB has gained immense popularity. It has become one of the most traded cryptocurrencies on various exchange platforms. Despite this, it remained a relatively low-priced currency, hovering around $0.00005. However, the tides have shifted for SHIB as it recently gained huge momentum and skyrocketed in price.Here’s a timeline of SHIB's journey to one dollar:May 9th, 2021: Shib enters price discovery modeOn May 9th, 2021, SHIB entered the "price discovery" phase. This means that the currency had reached a new all-time high and was gaining rapid momentum. At this time, the price of SHIB was $0.0000037, up from $0.00000006 at launch.May 10th, 2021: Elon Musk tweets about SHIBElon Musk, the CEO of Tesla and SpaceX, tweeted about SHIB on May 10th, 2021. He called himself the "Dogefather" and mentioned that he had gotten a Shiba Inu dog named Floki. Although he did not explicitly promote SHIB, his tweet caused a surge in the currency's value, pushing it to $0.000017.May 15th, 2021: SHIB reaches a price of $0.000032In the five days following Elon Musk's tweet, the price of SHIB continued to rise. It reached a new all-time high of $0.000032.May 17th, 2021: Vitalik Buterin, the founder of Ethereum, burns a large amount of SHIBOn May 17th, 2021, Vitalik Buterin, the founder of Ethereum, was gifted a large amount of SHIB. He burned 90% of the SHIB tokens he received, effectively reducing the currency's supply. This caused a dip in the currency's value, and it dropped from $0.000025 to $0.000017.May 20th, 2021: SHIB climbs to an all-time high of $0.00009After the dip caused by Vitalik Buterin's actions, SHIB continued to gain momentum. Its price rose to $0.00009, which was a new all-time high for the currency.May 25th-26th, 2021: SHIB experiences a massive crashOn May 25th, 2021, SHIB experienced a massive crash that wiped out nearly 50% of its value. The currency dropped from $0.00008 to $0.00004 in just a few hours. This was due to a combination of factors, including profit-taking by investors and market corrections.June 15th, 2021: SHIB reaches an all-time high of $0.00009 againAfter the May crash, SHIB slowly began to regain its momentum. On June 15th, 2021, the currency once again reached an all-time high of $0.00009.July 8th, 2021: SHIB reaches $0.000012In early July, SHIB experienced another surge in value. The currency rose to $0.000012 and caught the attention of crypto enthusiasts around the world.July 20th, 2021: SHIB reaches $0.0000135The momentum for SHIB continued to grow throughout July. On July 20th, 2021, the currency hit $0.0000135.August 12th, 2021: SHIB reaches an all-time high of $0.000035August brought another surge in value for SHIB. On August 12th, 2021, the currency reached an all-time high of $0.000035.August 16th, 2021: SHIB approaches $0.00004Just a few days after reaching its all-time high, SHIB continued to move upward. On August 16th, 2021, the currency approached $0.00004.So, when will SHIB hit one dollar?It’s impossible to say exactly when SHIB will reach one dollar or if it ever will. However, based on its current momentum and past performance, it seems unlikely that the currency will reach that milestone in the near future. Nevertheless, SHIB has surprised everyone before, so anything is possible in the world of cryptocurrencies.In conclusion, SHIB has come a long way since its launch in August 2020. Its journey has been filled with ups and downs, but the currency has gained significant momentum and popularity along the way. While its current high price and potential for future growth are exciting, it’s important to remember that the cryptocurrency market is highly volatile and unpredictable.