💥💥💥 How $100 Weekly Investments in #shibaInu Reached $641 Million
Shiba Inu, introduced in August 2020, has become a prominent #cryptocurrency investment, captivating both new and seasoned investors. Its rapid rise in just over a year highlights the volatility of the crypto market. Investors who recognized its potential early on have seen significant returns, showcasing the benefits of consistent investing.
Investing $100 weekly from August 2020 to the present would have turned into $641.78 million, boasting a growth rate of approximately 3,241,253%. Alternatively, investing until its all-time high in October 2021 would have yielded $1.239 billion, with a growth rate of 19,064,676%.
Currently, Shiba Inu is experiencing a resurgence, with an 8.43% price increase in the last 24 hours, reclaiming the $0.00025 price level. Trading at $0.00002577, it has surpassed the 50-day exponential moving average. While there was a minor setback of 7.36% over the past week, the monthly increase stands at an impressive 3.85%. Additionally, the 24-hour trading volume surged by 38.05% to $891,844,698.
Despite recent fluctuations, analysts predict a significant rebound for Shiba Inu. William, a renowned Bitcoin expert, forecasts a surge in SHIB's value to $0.05, reflecting an extraordinary increase of 193,774%.
Source - thecryptobasic.com
