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How Much Will You Earn If You Invest In Shiba Inu When It First Launches?
The cryptocurrency industry is witnessing the emergence of hundreds of new assets every day. While some succeed, others fail. In this context, the market is also a place where some suspicious assets are introduced to deceive the community. But Shiba Inu (SHIB) stands out for many reasons. The ability to turn the luck of ordinary people is the main reason why it becomes popular. But now, convenience and innovation are increasingly growing in the SHIB network, creating a turning point. This article will delve into the level of development of Shiba Inu since its establishment. Shiba Inu Growth Rate Shiba Inu was launched in 2020. As the community was gradually recovering from the pandemic, the world became aware of SHIB. After a slow start, the second largest meme coin skyrocketed to an all-time high of $0.00008845 in October 2021. In terms of price, SHIB has recorded an increase of 1,581,924.65% since its early days. At the time of writing, the meme coin is being traded at $0.00002112. This is a decrease of nearly 2% in the past 24 hours. Unfortunately, the weekly loss of this asset is 7.23%. Currently, the meme coin is down more than 76% from its all-time high.
Review Initial Investments An investor would have 7.496 trillion tokens if they purchased SHIB worth $10 in August 2020 at a price of $0.000000001334 per token. This initial $10 investment is still worth $3.77 million at current prices. Clearly, even a small $10 investment can change an investor's financial situation. In addition, the initial investment of 100 dollars in Shiba Inu will bring 74.96 billion SHIB tokens. Considering the current price of SHIB, these 74.96 billion tokens are worth 37.65 million dollars. This meme coin is expected to witness exponential growth in the coming years. A small investment made today could bring life-changing profits in the future.