If Shiba Inu even reproduces a fraction of its upward trend 2020/2021, investors holding between 100,000 and 1 million shibs could see impressive gains.
The wider market of cryptography has been in a state of flow, prices collapse as much as they appreciate it. This has led to increased uncertainty of the market, with Shiba Inu being one of the victims of the resulting beach movements.
Confidence in Shiba Inu despite the uncertainty
Despite the current state of things, the market players have maintained the confidence in Shiba Inu. For example, in the past four days, Intotheblock data shows that the Whale Netflow was constantly positive, indicating that the entrances to the whale addresses have repeatedly exceeded the outings.
More specifically, from February 20 to 23, Shiba Inu Whale Netflow amounted to 443.78 billion tokens, the last figure being 67.64 billion sapisse highlights optimism among the main stakeholders in the middle of the price uncertainty.
In particular, the optimism is largely due to the performance of the historic prices of Shiba Inu, especially during the 2020/2021 Taurus. Some believe that Shib could prepare for massive gains if it can only reproduce part of this historic race.
Why hold 100k to 1 m of shib could change your life
As these expectations become more widespread, Basic crypto Recently evaluated how those who have a modest of 100,000 to 1 million shib could obtain as a return if the meme piece repeated something similar to the 2021 rally. For the context, an investor would not need to spend that $ 1.49 to buy 100,000 shibs today and $ 14.98 to obtain 1 million tokens.
For this evaluation, Basic crypto Considered the resurgence of Shiba Inu from February to October 2021. During this period, the same piece obtained an impressive gain of 2210 150%, because it climbed The top of all time of 0.000088 in October. However, this upward trend was only part of its massive increase from 2020 to 2021.
If Shiba Inu repeats only half of the gain of 2,210,150%, it will skyrocket by a massive rate of 1,105,075%. With Shib which is currently changing hands at 0.00001498, such an increase would push its price to $ 0.1655, essentially eliminating four leading zeros.
In particular, at this price, the 100,000 shib tokens is worth $ 16,555, a massive gain in the meager initial value of $ 1.49. In addition, the value of the 1 million tokens would drop from current $ 14.98 to $ 165,555.
However, it is important to note that such ascending trend is very unlikely for Shiba Inu, given its circulating offer and its current market position. Despite this, the evaluation draws attention to the potential of the meter piece, and the way in which the holding of a meager quantity can change life in the future, in particular with the growth of its ecosystem.
Difles: This content is informative and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the basic opinion of cryptography. Readers are encouraged to do in -depth research before making investment decisions. The Crypto Basic is not responsible for financial losses.