The Shiba Inu cryptocurrency (SHIB) experienced a dramatic increase in value following its debut in August 2020. In just a year, it reached its peak value. Initial investors who purchased SHIB at its meager starting price saw their investments skyrocket, turning many into millionaires and even billionaires.
In particular, early Shiba Inu investors saw upwards of 1,000,000% return on investment at Shiba Inu’s October 2021 peak. However, the Shiba Inu largesse does not apply to its all-time high alone.
$1k Shiba Inu in 2020 Now
For example, an investment of $1000 in Shiba Inu during its all-time low of $0.000000000056366 in November 2020 amounted to 17,741,191,498,421 (17.7 trillion) SHIB.
By November 2023, with Shiba Inu trading at $0.00000919, the value of the $1k investment is astronomical. Specifically, it would be worth $16,304,154. This figure represents a percentage growth exceeding 1,630,315.4%.
These calculations demonstrate that investing in Shiba Inu three years ago was not a financial setback but a profitable endeavor. 
Since the figures are for values Shiba Inu already attained, The Crypto Basic elaborates on the scenario for a $1,000 investment in Shiba Inu at its current price with prospects for 2027.
What Could $1k in Shiba Inu Be by 2027?
With Shiba Inu trading at $0.00000919 today, a $1k investment equates to holding 108,813,928 SHIB tokens. According to the reputable forecast platform Telegaon, Shiba Inu could exchange hands at $0.0000945 by 2027. 
Besides, Telegaon suggested an average price of  $0.000153 and a maximum price of $0.000198 by that year. This forecast implies the $1k SHIB investment could be worth $10,282 in four years. 
In parallel, the optimistic outlook for the $1k portfolio would be $21,545, with Shiba Inu at $0.000198. 
Meanwhile, the prominent crypto exchange Changelly estimated that a 2023 $1k Shiba Inu could be valued at $5,182 in four years.

The figure represents a 418% growth percentage, compared to the over 2,054% projected by Telegaon.
⚠️Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
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Shiba Inu’s marketing specialist, Lucie, has responded to recent reports concerning Binance’s decision to delist a trading pair involving SHIB later this month.
Binance Plans to Delist SHIB Margin Pairs
On the heels of an announcement by the world’s largest cryptocurrency exchange regarding 24-hour trading volume, Binance revealed its intention to delist 23 cross-margin and isolated-margin trading pairs, including SHIB/BUSD and ADA/BUSD. Binance specified that these trading pairs would be removed from its platform on November 9, 2023, at 06:00 (UTC).
In an apparent bid to generate clickbait headlines, numerous media outlets ran stories with titles like “Binance Delists SHIB.”
Lucie Dispels Negative Report on SHIB
Responding to this development, Lucie characterized the headlines as misleading and clarified that the delisting of margin trading pairs on Binance wasn’t exclusive to SHIB. She provided a comprehensive list of cryptocurrencies Binance would be delisting from its cross-margin and isolated-margin pairs against BUSD. This list encompasses crypto assets such as DOGE, PEPE, LUNA, LINK, MATIC, APE, AVAX, BAKE, OP, RUNE, YGG, XLM, USTC, GALA, FIL, DOT, TRB, LTC, BCH, and DOT.
Binance Exchange recently made an announcement regarding the delisting of margin trading pairs.

The headline: Binance delisting $SHIB  ( 🤦🏼‍♀️ MISLEADING)

The BUSD pairs actually delisted

include ADA/BUSD, AGIX/BUSD, APE/BUSD, AVAX/BUSD, BAKE/BUSD, BCH/BUSD, DOGE/BUSD,…
Binance Gradually Phasing Out BUSD-Related Pairs
Notably, the cryptocurrencies slated for delisting are all paired with Binance’s stablecoin BUSD. Binance has been progressively removing various BUSD-related trading pairs from its platform recently.
In an August statement, Binance disclosed that the issuer of BUSD, Paxos, had ceased minting new stablecoins. Consequently, the exchange announced its plans to “gradually remove support for the stablecoin” on its platform.
Since this announcement, Binance has actively delisted various BUSD-related pairs from its platform. As reported last month, the leading exchange declared the removal of 17 cryptocurrencies, including SHIB, from the Binance Liquid Swap.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
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