Shiba Inu: $1,000 Turns to $53.7 Million, Gains of 5,372,390%

Vinod Dsouza
Shiba Inu Money Gas Fees
Source: Unsplash

Shiba Inu turned early investors into millionaires, generating life-changing income in less than three years. Average investors who could afford a mere $100 or $1,000 in investments made phenomenal gains in a short period of time. SHIB became the most profitable cryptocurrency in 2021, and those who got in early reaped all the rewards offered.

Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire With Only $8

Data from Changelly indicated that an investment of $1,000 made exactly three years ago would have turned into $53.7 million today. In short, if you had invested $1,000 on September 7, 2020, in SHIB, three years later today, in 2023, the same $1,000 could have ballooned to $53.7 million.

Source: Changelly

That’s an uptick and a return on investment (ROI) of 5,372,390% (5.3 million percent). Bitcoin, Ethereum, and no other stock market trade have delivered this much profit in the last three years.

Also Read: Shiba Inu: How High Can SHIB Go in September 2023?

The development suggested that timing and luck play an important role in making millions in the markets. Being in the right place at the right time could bring fortunes that one could have never imagined. A handful of investors turned millionaires in 2021 when Shiba Inu rallied 85,000,000% in a year.

Read here to learn how a truck driver made $1.4 million in SHIB with a mere investment of $650. Also, read here to know how a 35-year-old employee made a million with SHIB during the same period.

Also Read: Shiba Inu: ‘High Demand’ Provoked SHIB’s 46,000,000% Rise

Shiba Inu: Can You Make $1 Million Now?

Shiba Inu Money Rich

Shiba Inu reached its peak in 2021 and has been on a decline ever since. The dog-themed token is finding it hard to rise in the indices, leaving current investors worried.

The only way investors can make more than $1 million now is when SHIB reaches the $0.01 mark. If it does not reach the $0.01 milestone, present-day holders might never become millionaires. Read here for a realistic price prediction on when SHIB might hit $0.01.