The Shiba Inu Network (SHIB) has been one of the best performing assets over the years. The second largest meme coin has managed to change the lives of many people since its origin. The asset’s rise in the 2021 rally is a critical part of the cryptocurrency playbook. But the latest rise in SHIB has led many investors to reevaluate their choices.
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The recent peak of Shiba Inu
Shiba Inu has been one of the top performers over the past month. Similar to Dogecoin (DOGE), the second largest coin, Shiba Inu, saw a notable uptick. This increase induced by Donald Trump generated significant gains for investors.
SHIB has surged more than 30% in the past month. The asset rose from a low of $0.00001665 to a high of $0.00002938. At press time, SHIB was trading at $0.000025 after a 1.59% decline over the past 24 hours.
The asset even reached an all-time high of $0.00008845 around three years ago in 2021. Currently, SHIB is 71% below that high. It is worth noting that SHIB saw a peak of 1876033.92% since its origin in August 2020. Therefore, a meager amount invested in the past could have yielded significant gains.
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How much would an investment of $10 and $100 earn?
In August 2020, if an investor purchased $10 worth of SHIB at $0.000000001334 per token, they would acquire 7.496 billion tokens. That initial $10 investment would still be worth $126,761 at today’s price, yielding approximately $187,406.29.
Furthermore, an initial investment of $100 in Shiba Inu would have yielded 74.96 billion SHIB tokens. Interestingly, at the current price, the 74.96 billion tokens are worth $1,874,062.94.
The above examples highlight the significant growth of delicate investments and the potential for even greater asset growth in the future. The community is eagerly waiting for SHIB to reach the 1 cent milestone.
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