Shiba Inu, or SHIB for short, is one of most popular cryptocurrency on the market. Project has established itself as one of the most successful millionaire makers, with many investors making millions and in some cases even billions. SHIB’s success stories reached out to non-crypto investors who invested in the asset hoping to get rich.
You would have invested $18,400 if you put $100 in SHIB each week. The portfolio value, however, would have soared to $827.18 in March 2024. This is a 4495464.64% increase.
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You would have spent about $6200 if, however, you invested $100 into Shiba Inu, until the stock reached its record high price of $0.00008616, on October 28, 2021. The portfolio value, however, would have increased to about $1.16 billion. This represents an increase of approximately 18718732.76%.
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Also Read: Shiba Inu (SHIB) Predicted to Rally 251% and Hit $0.0001
Shiba Inu has become a popular asset for new and younger investors looking to earn millions fast. SHIB’s price is approaching all-time levels again and we could see many new millionaires.
Is it possible to become a multi-millionaire using Shiba Inu?
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![shiba inu space eclipse moon](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1710252606_919_Monthly-100-Since-2020-Turns-Into-827-Million-in-2024.jpg)
Shiba Inu’s (SHIB’s) price dropped dramatically after 2021. In 2023, the asset had another lackluster year despite its launch of a layer-2 blockchain. The dog-themed cryptocurrency appears to be on the rise. The price of SHIB has increased 220.5% on the charts for the last 14 days and by nearly 250% in comparison to the prior month. The asset has also increased by 223.3% in value since March 2023.
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Shiba Inu may soon reclaim or surpass its record high if the bullish trend continues. SHIB is still a great asset to invest in, and you can earn millions. However, it has to continue performing as well as in 2020-2021. SHIB’s massive supply is one of the biggest barriers to its price. The team may be able to pull off a similar burn as Vitalik Buterin in 2021.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: watcher.guru