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MainNewsShiba Inu: J...

Shiba Inu: Just $10 in SHIB Could Have Made You a Millionaire


by Paigambar Mohan Raj
for Watcher.Guru
Shiba Inu: Just $10 in SHIB Could Have Made You a Millionaire

Early investors of Shiba Inu (SHIB) have made generational wealth with the cryptocurrency. The asset’s price skyrocketed during the 2021 bull run. SHIB’s incredible performance solidified its status as a “millionaire-maker.” Regular people with average jobs made millions with minimal investments. Many people could retire from their jobs to live out their dreams.

Also Read: Goldman Sachs: Hedge Funds Make Shocking Bank Stock Move

Just $10 in Shiba Inu Could Have Made You $1 Million

Shiba Inu money raining
Source: Watcher Guru

If you purchased $10 worth of SHIB on Aug. 2, 2020, and sold the coins when the asset was at its peak on Oct. 28, 2021, you would have made more than $1 million in profit. Your investment would have grown by 10,303,317.81% (10.30 million percent).

Shiba Inu ROI
Source: Changelly

Also Read: Cryptocurrency: Pepe (PEPE) Vs Dogecoin (DOGE): AI’s 2025 Profit Prediction

Shiba Inu’s (SHIB) price has fallen by more than 84% from its all-time high of $0.00008616. The asset has struggled to gain momentum over the last few years. Despite the lackluster performance, early SHIB investors have still made massive returns. If you had continued to hold the $10 worth of coins, the investment would have been worth $177,073. In this scenario, your investment would have grown by 1,770,637.16% (1.77 million percent). Although it is a lot less than $1 million, it is still an incredible return on the initial investment.

Can You Still Make It Big With The Memecoin?

One of the most substantial barriers to Shiba Inu’s (SHIB) price is its massive supply. There are about 589 trillion SHIB tokens in circulation. For the asset to reach much higher prices, the circulating supply must go down.

Also Read: Musk’s Big Move: Transitioning Out of DOGE Role Amid Tariff Tensions?

One of the most significant drivers for SHIB’s 2021 rally was Vitalik Buterin’s token burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the tokens he received. His actions led to a substantial supply dip. The drop in supply caused a massive price spike.

Read the article at Watcher.Guru

Read More

Ether, XRP, Shiba Inu, Cardano, Solana Explosion In The Cards As Market Sees Renewed ‘AltSeason’ FOMO

Ether, XRP, Shiba Inu, Cardano, Solana Explosion In The Cards As Market Sees Renewed ‘AltSeason’ FOMO

While Shiba Inu’s price has declined alongside its trading volume, May has historical...
Shiba Inu Ends 3-Month Losing Streak: What to Expect From SHIB in Q2

Shiba Inu Ends 3-Month Losing Streak: What to Expect From SHIB in Q2

The cryptocurrency market had somewhat of a turnaround after a sluggish start to the ...
MainNewsShiba Inu: J...

Shiba Inu: Just $10 in SHIB Could Have Made You a Millionaire


by Paigambar Mohan Raj
for Watcher.Guru
Shiba Inu: Just $10 in SHIB Could Have Made You a Millionaire

Early investors of Shiba Inu (SHIB) have made generational wealth with the cryptocurrency. The asset’s price skyrocketed during the 2021 bull run. SHIB’s incredible performance solidified its status as a “millionaire-maker.” Regular people with average jobs made millions with minimal investments. Many people could retire from their jobs to live out their dreams.

Also Read: Goldman Sachs: Hedge Funds Make Shocking Bank Stock Move

Just $10 in Shiba Inu Could Have Made You $1 Million

Shiba Inu money raining
Source: Watcher Guru

If you purchased $10 worth of SHIB on Aug. 2, 2020, and sold the coins when the asset was at its peak on Oct. 28, 2021, you would have made more than $1 million in profit. Your investment would have grown by 10,303,317.81% (10.30 million percent).

Shiba Inu ROI
Source: Changelly

Also Read: Cryptocurrency: Pepe (PEPE) Vs Dogecoin (DOGE): AI’s 2025 Profit Prediction

Shiba Inu’s (SHIB) price has fallen by more than 84% from its all-time high of $0.00008616. The asset has struggled to gain momentum over the last few years. Despite the lackluster performance, early SHIB investors have still made massive returns. If you had continued to hold the $10 worth of coins, the investment would have been worth $177,073. In this scenario, your investment would have grown by 1,770,637.16% (1.77 million percent). Although it is a lot less than $1 million, it is still an incredible return on the initial investment.

Can You Still Make It Big With The Memecoin?

One of the most substantial barriers to Shiba Inu’s (SHIB) price is its massive supply. There are about 589 trillion SHIB tokens in circulation. For the asset to reach much higher prices, the circulating supply must go down.

Also Read: Musk’s Big Move: Transitioning Out of DOGE Role Amid Tariff Tensions?

One of the most significant drivers for SHIB’s 2021 rally was Vitalik Buterin’s token burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the tokens he received. His actions led to a substantial supply dip. The drop in supply caused a massive price spike.

Read the article at Watcher.Guru

Read More

Ether, XRP, Shiba Inu, Cardano, Solana Explosion In The Cards As Market Sees Renewed ‘AltSeason’ FOMO

Ether, XRP, Shiba Inu, Cardano, Solana Explosion In The Cards As Market Sees Renewed ‘AltSeason’ FOMO

While Shiba Inu’s price has declined alongside its trading volume, May has historical...
Shiba Inu Ends 3-Month Losing Streak: What to Expect From SHIB in Q2

Shiba Inu Ends 3-Month Losing Streak: What to Expect From SHIB in Q2

The cryptocurrency market had somewhat of a turnaround after a sluggish start to the ...