Shiba Inu continues to grow, and investing $100 weekly may create $1.3 billion in returns!
Shiba Inu (SHIB) has turned many early investors into millionaires. However, in certain cases, investors have realized returns of over $1 billion. From its launch in August 2020 to reaching an all-time high in October 2021, SHIB's price skyrocketed by millions of percentage points. Those who held on to their investments gained tremendous benefits from their patience. Many who sold during this process later regretted their decisions.
Assuming investors invested $100 weekly in SHIB since early August 2020 and maintained this investment strategy until the token reached its all-time high on October 21, 2021, they would have invested a total of $6,400. However, if they sold on October 21, 2021, the value of this portfolio would reach $1.38 billion. This signifies a value increase of 21.5 million percentage points.
Although Shiba Inu (SHIB) has made many investors millionaires and billionaires, many still worry that they may have missed the investment opportunity with SHIB. However, SHIB's future still holds the potential for thousands of percentage points of increase.
During the last bull market for Shiba Inu (SHIB), Ethereum (ETH) co-founder Vitalik Buterin chose to burn half of the SHIB supply. Developers sent Buterin half of the SHIB supply after its release. Buterin decided to burn 90% of what he received and donated the remainder to charity. This massive burn played a key role in SHIB's rebound in 2021.
For Shiba Inu (SHIB) to rebound like it did in 2021, a larger-scale burn will be required. Currently, there are still 589 trillion tokens in circulation. Therefore, achieving a higher price becomes challenging as the market cap would become unrealistic. However, developers have stated that they are working on a new burn mechanism that is said to burn trillions of tokens each year.
Shiba Inu (SHIB) has turned many early investors into millionaires. However, in certain cases, investors have realized returns of over $1 billion. From its launch in August 2020 to reaching an all-time high in October 2021, SHIB's price skyrocketed by millions of percentage points. Those who held on to their investments gained tremendous benefits from their patience. Many who sold during this process later regretted their decisions.
Assuming investors invested $100 weekly in SHIB since early August 2020 and maintained this investment strategy until the token reached its all-time high on October 21, 2021, they would have invested a total of $6,400. However, if they sold on October 21, 2021, the value of this portfolio would reach $1.38 billion. This signifies a value increase of 21.5 million percentage points.
Although Shiba Inu (SHIB) has made many investors millionaires and billionaires, many still worry that they may have missed the investment opportunity with SHIB. However, SHIB's future still holds the potential for thousands of percentage points of increase.
During the last bull market for Shiba Inu (SHIB), Ethereum (ETH) co-founder Vitalik Buterin chose to burn half of the SHIB supply. Developers sent Buterin half of the SHIB supply after its release. Buterin decided to burn 90% of what he received and donated the remainder to charity. This massive burn played a key role in SHIB's rebound in 2021.
For Shiba Inu (SHIB) to rebound like it did in 2021, a larger-scale burn will be required. Currently, there are still 589 trillion tokens in circulation. Therefore, achieving a higher price becomes challenging as the market cap would become unrealistic. However, developers have stated that they are working on a new burn mechanism that is said to burn trillions of tokens each year.
