Here’s Why You Need to Hold 100,000 to 1,000,000
#shiba⚡ Inu
If
$SHIB Inu replicates even a fraction of his 2020/2021 uptrend, investors holding between 100,000 and 1 million
$SHIB could see impressive gains.
The broader crypto market has been in a state of flux, with prices collapsing as much as they appreciate. This has led to increased market uncertainty, with Shiba Inu being one of the victims of the resulting range-bound movements.
🔸 Confidence in Shiba Inu Despite Uncertainty
Despite the current state of things, market participants have maintained confidence in Shiba Inu. For instance, over the past four days,
#IntoTheBlock data shows that whale netflow has been persistently positive, indicating that inflows into whale addresses have repeatedly outpaced outflows.
Specifically, from Feb. 20 to 23, Shiba Inu whale netflow has amounted to 443.78 billion tokens, with the latest figure being 67.64 billion SHIB on Feb. 23. The last time Shiba Inu saw a negative whale netflow was on Feb. 19. This points to optimism among key stakeholders amid the price uncertainty.
Notably, the optimism is largely due to Shiba Inu’s historical price performance, especially during the 2020/2021 bull run. Some believe SHIB could set itself up for massive gains if it can replicate only a portion of this historic run.
🔸 Why Holding 100K to 1M
#SHIBA🚀 Could be Life-changing
As these expectations become more prevalent, The Crypto Basic recently assessed how much those holding a modest 100,000 to 1 million SHIB could secure as returns if the meme coin repeated anything similar to the 2021 rally. For context, an investor would only need to spend $1.49 to buy 100,000 SHIB today, and $14.98 to procure 1 million tokens.
For this assessment, The Crypto Basic considered Shiba Inu’s upsurge from February to October 2021. Within this period, the meme coin secured an impressive 2,210,150% gain, as it soared to the all-time high of $0.000088 by October. However, this uptrend was only a portion of its massive surge from 2020 to 2021