Shiba Inu: Monthly Investment of $10 Turns Into $15 Million
Shiba Inu, since its inception, has been dubbed a meme coin, while several investors doubted its potential to deliver stunning returns. However, in a turn of events, Shiba Inu turned out to be one of the biggest crypto tokens of all time, disseminating millions to those who expressed their unwavering faith in SHIB’s future price trajectory.
According to the Dollar Cost Averaging Index, a monthly investment of a modest $10 made in August 2020 would’ve fetched investors rewards up to $15 million in 2024.
In simpler terms, a meager investment of $450 committed by an investor for three years would have disseminated stunning returns, nearly distributing $15.6 million, per the DCA calculator. In less than four years, Shiba Inu grew exponentially, roughly dispersing profits higher than 3 million percent.
The striking price ascent of SHIB was primarily driven by its robust price rally in 2020–2021. It was the time when the coin witnessed maximum traction and price spikes that helped SHIB holistically set its future path.
DCA Shib calculator
Post-2021, the coin dipped further ahead, ending its bullish price ascent. The token currently holds steady ground, rising gradually to breach new price milestones. SHIB briefly recovered its price in March 2024, shedding its bearish stance to a certain level.
The astonishing return rate is what makes cryptocurrency a lucrative domain for traders. However, the key to unlocking this domain depends highly on how well an investor knows his tokens and the faith and patience they can endure for the token to gain prominence in the mainstream market.
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#SHIB #BB