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$1 Weekly Investments Since launch is $6 Million Today

July 27, 2024
in Altcoin3
Reading Time: 5 mins read
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$1 Weekly Investments Since launch is $6 Million Today
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Shiba Inu (SHIB) is one of the most successful cryptocurrency projects of the last four years. Launched in August 2020, SHIB’s price skyrocketed during the 2021 bull run, rallying by many million percent. SHIB’s stellar performance made the asset somewhat of a “millionaire-maker” as early investors were reaping six to seven-figure profits from the asset.

If you had invested $1 every week in SHIB since its launch in August 2020, you would have put in $198 so far. In the last four years, your portfolio’s value would have skyrocketed to nearly $6 million, a rise of 3,006,079% (3 million percent).

Source: CryptoDCA

Also Read: Shiba Inu: You Could Have Made $2.7 Million By Investing Just $15

If you had instead invited $1 weekly in Shiba Inu (SHIB) till it hit an all-time high of $0.00008616 in October 2021, you would have put in $65. In this scenario, your portfolio’s value would have been $12.3 million, a rise of 19,064,676% (19 million percent).

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Source: CryptoDCA

Can you become a millionaire with Shiba Inu by 2030?

SHIBA INU ON TOP OF A MOUNTAINSHIBA INU ON TOP OF A MOUNTAIN

According to the researchers at Changelly, SHIB’s price will hit $0.0003 in 2030. To have a million dollars worth of SHIB at $0.0003 per coin, you will need about 3,333,333,333.33 coins (3.33 billion coins). The price of 3.33 billion SHIB right now is around $56,066.66. The rise in profit, in this scenario, will be around 1683.5%.

Also Read: Shiba Inu Market Cap Predicted To Hit $100 Billion: Here’s When

Telegaon is more bullish on Shiba Inu than Changelly. The platform predicts SHIB to hit a maximum price of $0.000712 in 2030. To have one million dollars worth of SHIB at $0.000712 per coin, you will need around 1,404,494,382.02 coins (1.40 billion coins). The price of 1.40 billion SHIB right now is about $23,623.59. In this scenario, your portfolio will rise by around 4133%.

Credit: Source link

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