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SHIB Turns $3,600 Into $19 Million in 3 Years

February 19, 2024
in Altcoin
Reading Time: 3 mins read
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SHIB Turns $3,600 Into $19 Million in 3 Years
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Not gold, US dollar, commodities, or oil, but Shiba Inu is the only asset that could have delivered you more than $1 million in profits for a monthly investment of $100. If you had invested $100 every month since February 2021 in SHIB, you could have earned $54.6 million today in February 2024. All this in just three years of investment that could have been a rags-to-riches story of a lifetime.

Also Read: If Shiba Inu Burns 100 Trillion Tokens a Year, Will It Reach $0.01?

Shiba Inu: How Did $100 Monthly Investment in SHIB Turn Into $54.6 Million

Shiba Inu Money Gas Fees
Source: Unsplash

Data shows that an investment of $100 every month from February 2021 to 2024 could have made you a multi-millionaire. Feb 2021 to Feb 2024 consists of 36 months. Therefore, an investment of $100 per month from Feb 2021 till today stands at $3,600.

Also Read: When Will Shiba Inu (SHIB) Reach 2 Cents?

If you had religiously invested $100 in SHIB every month in this specified time, the investment could have turned into $19 million. It’s unbelievable but true and SHIB is the only asset that delivered this much richness in just three years. Even gold, Bitcoin, and the US stock market failed to generate this many returns since February 2021 till today.

Also Read: Shiba Inu: How Many Coins You Need To Make $3 Million if It Hits $0.01

The majority of the gains stem from its bull run between January to October 2021. Shiba Inu had rallied 85,000,000% percent (85 million percent) between this timeframe. This is what made the dog-themed token generate the most profits which made early investors reap the fruits.

Also Read: Shiba Inu A Cryptocurrency That Can Give You $1 Million?

However, investments made after October 2021 (first entry position) only lead to losses currently. SHIB had reached its all-time high of $0.00008616 in October 2021 but is now down nearly 90% from its ATH.

Therefore, timing is all that mattered and made a huge difference that turned investors into millionaires or paupers. Without a doubt, Shiba Inu is the only asset that delivered such high returns in a short span.

Credit: Source link

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