Shiba Inu (SHIB) remains one of the most talked about cryptocurrencies in the market. The asset’s incredible run during the 2021 bull run was one for the history books. People with no investing knowledge made massive returns with minimal investments, some making upwards of several million dollars in profit. SHIB’s meteoric rise solidified its name as a “millionaire-maker.” However, let’s discuss how Shiba Inu (SHIB) could have made you a billionaire.
How Shiba Inu Could Have Made You A Billionaire
According to Changelly’s SHIB ROI (Return on Investments) calculator, if you had purchased $10,000 worth of Shiba Inu (SHIB) on August 2, 2020, and sold your holdings when SHIB hit an all-time high of $0.00008616 on October 28, 2021, your investment would have grown to a whopping $1.03 billion. Your investment would have ballooned by 10,303,317.81% (10.30 million percent).
Shiba Inu’s (SHIB) price has seen a substantial dip since its 2021 peak. According to CoinGecko, SHIB’s price has fallen by more than 93% since its all-time high. If you had continued to hold your $10,000 worth of Shiba Inu (SHIB) till today, the investment would have been worth $77.81 million. In this scenario, your investment would have risen by 778,097.57%. Although the returns are far lesser than what they would have been if you sold at the top, it is still a phenomenal return on your initial investment.
Also Read: 2 Powerful Reasons to Go Long on Shiba Inu Before the Next Rally
Shiba Inu (SHIB) fans are still waiting for the asset to replicate its 2021 rally. However, it is highly unlikely that the asset can deliver another multi-million-percent return. SHIB has about 589 trillion coins in circulation, which presents a substantial barrier to very high prices. Although the asset could potentially deliver big gains, making massive returns with small investments may be out of the question now.