Shiba Inu has delivered phenomenal profits to early investors, quickly allowing them to taste the millionaire lifestyle. No other asset generated the kind of profits that SHIB printed from its inception until today. It’s a one-of-a-kind token that only a few lucky ones have gotten to reap the massive returns it has produced since 2020.
The dog-themed token has kicked off a rally in the charts by surging nearly 50% after Trump’s election victory. The broader cryptocurrency market skyrocketed as Bitcoin hit an all-time high of $93,477. Leading altcoins are at their yearly highs, and investors’ optimism is soaring.
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Shiba Inu: An Investment of $1,000 Has Become $396 Million Now
Data from Changelly shows that if you had invested a mere $1,000 in Shiba Inu four years ago on November 15, 2020, and held on to the tokens until today, November 2024, you would have made 396.2 million in profits. That’s a massive amount of money and life-changing gains equivalent to generational wealth. It’s a surge of 39,620,325% in just four years, making SHIB the king of all returns in the cryptocurrency markets.
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For the uninitiated, Shiba Inu was trading with 10 zeroes in the charts during November 2020. However, it surged by nearly 85,000,000% between 2020 and 2021, making investors who took an early entry position make millions. The rise was mind-blowing and brought it under the spotlight due to the massive returns.
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Since SHIB was available for purchase at less than a Cent, the average investor found the token affordable to invest in. A mere $1,000 investment put millions of tokens in their portfolio increasing the chances of making millions when Shiba Inu rises again.
Only time will tell whether it will rise millions of percent again in the coming years. Until then, it is advised to hold on to SHIB tokens, as meme coins usually deliver unimaginable returns when the time comes.