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๐Ÿ•๐Ÿพ๐Ÿ”ฅ Shiba Inu: $100 to $1.6 Billions If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.๐Ÿ‘€๐Ÿ‘€๐Ÿ‘€ Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens. The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.๐Ÿš€๐Ÿš€๐Ÿš€ This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ Here is a table that summarizes your investment:๐Ÿฎ๐Ÿฎ๐Ÿฎ Investment Purchase price Sale price Profit $100 in SHIB $0.000000000056 $0.00008845 $1.6 billion Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB #crypto #BinanceSquare #TrendingTopic

๐Ÿ•๐Ÿพ๐Ÿ”ฅ Shiba Inu: $100 to $1.6 Billions

If you had invested $100 in Shiba Inu at its first opening price and sold it at its all-time high, you would have made over $1.6 billion.๐Ÿ‘€๐Ÿ‘€๐Ÿ‘€

Shiba Inu was launched in August 2020 with an initial price of $0.000000000056. If you had invested $100 at that time, you would have purchased 1.8 trillion #SHIB tokens.

The price of SHIB reached its all-time high of $0.00008845 in October 2021. If you had sold your SHIB tokens at this time, you would have made over $1.6 billion.๐Ÿš€๐Ÿš€๐Ÿš€

This is a staggering return on investment, and it is a testament to the volatility of the cryptocurrency market. However, it is important to note that past performance is not indicative of future results. It is also important to remember that investing in #cryptocurrency is a risky investment, and you should only invest money that you can afford to lose.๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

Here is a table that summarizes your investment:๐Ÿฎ๐Ÿฎ๐Ÿฎ

Investment Purchase price Sale price Profit

$100 in SHIB $0.000000000056 $0.00008845 $1.6 billion

Please note that this is a hypothetical calculation, and it is not guaranteed that you would have made this much profit if you had actually invested in $SHIB

#crypto #BinanceSquare #TrendingTopic

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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ Daily Market Review: $BTC , $ETH , AKT, $RUNE , KAS Today's market session remains in a consolidation phase, with the global market cap standing at $2.28 trillion at the time of writing, reflecting a 0.64% decline over the last 24 hours. Concurrently, the trading volume stands at $64.11 billion, marking a 0.57% decrease over the same period. 1. Bitcoin Price Review Bitcoin (BTC) is consolidating today, possibly oversold as it nears the lower band. The RSI is below 50, indicating bearish momentum. Currently priced at $61,486, it shows a 1.32% decrease over the past 24 hours. 2. Ethereum Price Review Ethereum (ETH) also experiences a similar session, with its price movements indicating a lack of a strong trend and potential sideways movement as the Alligator lines intertwine. The Awesome Oscillator (AO) is in the red, indicating bearish pressure. Ethereum is currently priced at $2,995, marking a 0.4% drop from its previous 24-hour price. 3. #AkashNetwork Price Review Akash Network (AKT) emerges as today's top gainer, showcasing bullish reversal signals with recent changes from red to green. The Volume Oscillator indicates a spike in volume, supporting the recent price increase. As of press time, Akash Network is priced at $4.93, reflecting a 9.7% jump from its previous 24-hour price. 4. THORChain Price Review THORChain (RUNE) also records gains in today's session, with its price above the cloud indicating a bullish phase. The Average Directional Index (ADX) is relatively high, signaling a strong trend. THORChain is currently priced at $6.02, representing a 10.03% increase from its previous 24-hour price. 5. #Kaspa Price Review Kaspa (KAS) registers gains in today's session, with its price within the upper channel of the pitchfork, suggesting continued bullish potential. The Money Flow Index (MFI) is high, indicating strong buying pressure. As of press time, Kaspa is priced at $0.1244, marking a 10.96% jump from its previous 24-hour price. Source - blockchainreporter.ne #CryptoMarket #cryptocurrency #BinanceSquareTalks
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๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ #Bitcoinmining difficulty risks biggest dip since 2022 as BTC price eyes $60K Despite Bitcoin's price hovering above $60,000, signs of strain are evident in network fundamentals, indicating a lack of substantial price gains. Bitcoin (BTC) faced a potential breakdown below $61,000 on May 9, as it tested familiar trendlines for support once again. Despite minor fluctuations, BTC's price showed limited upward momentum, erasing gains made over the past week. While short-term volatility affected order book liquidity, overall, BTC/USD lacked significant bullish momentum. Attention turned to key support levels, including the 100-day simple moving average (SMA) and short-term holder realized price (STH-RP), both crucial indicators in a bull market. Despite a brief dip to $56,500 the previous week, these levels remained intact. At present, the 100-day SMA and STH-RP stand at $61,200 and $60,100, respectively. CoinGlass data revealed a notable concentration of bid liquidity just below $61,000, indicating a concerted effort to lower prices and attract liquidity for selling on rebounds. However, BTC's recent price movements have taken a toll on network fundamentals, particularly mining-related metrics. Bitcoin's mining difficulty is set to drop by 5.5%, marking its largest single downward adjustment since the end of the 2022 bear market when BTC/USD traded below $20,000. Despite this adjustment, difficulty remains at all-time highs of 83.23 trillion. Mining analysis from Pennyether highlighted a decline in hash rate, emphasizing the significance of difficulty adjustments for miners. Until difficulty decreases, miners will not be able to mine more Bitcoin per EH/s. The current landscape suggests a potential -7% adjustment, which would place the "difficulty #hashrate " around 585 EH/s. In summary, while Bitcoin's price remains relatively stable above $60,000, ongoing strain in network fundamentals, particularly in mining-related metrics, suggests potential challenges ahead. Source - cointelegraph.com
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๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ Here are Five #Altcoins๐Ÿ‘€๐Ÿš€ Under $1 That Could Shine This Bull Season The recent #cryptocurrency market surge propelled Bitcoin (BTC) to a new all-time high above $73,000 on March 14. However, the subsequent downturn, resulting in a 12% drop in Bitcoin's price over the last month, presents an opportunity for investors to accumulate assets before another potential upswing. Amidst this sentiment, lesser-known tokens trading under $1 show promise during bullish periods: 1. The Graph ($GRT ): A decentralized protocol facilitating data indexing in the blockchain space. Despite a 46% decrease from the annual high, The Graph has shown resilience, signaling potential for an upward trajectory. 2. TokenFi (TOKEN): Operates within the Floki ecosystem for real-world assets tokenization. TOKEN saw a 50% appreciation in its market price after receiving a $10 million infusion from DWF Labs. Positioned for further growth after a surge of 642% from January to March. 3. Ankr ($ANKR ): Provides Web3 infrastructure services, including multi-chain staking. ANKR remains above its 200-day EMA, suggesting potential for growth, after securing the top validator spot on Binance Smart Chain and forming strategic partnerships. 4. #sei (SEI): Operates as a layer-1 blockchain for trading platforms. SEI, currently trading at $0.5225 with a market cap surpassing $1.4 billion, shows promise for further gains after securing listings on major exchanges and demonstrating significant growth since launch. 5. Harmony (ONE): Simplifies #Dapp development through sharding to scale effectively. ONE surged 112% in March following the announcement of a $300 million ecosystem fund, positioning itself for continued robust performance. Remember, investing in cryptocurrencies is highly speculative and involves a significant risk of loss. You should never invest more than you can afford to lose also do your own research. Source - thecryptobasic.com #BinanceSquareTalks
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#bitcoin Bears Keeps Pushing, Why BTC Could Turn Bearish Below $60K? Bitcoin's price has continued its downward trend, breaching the $62,500 support level and signaling potential bearish momentum that could intensify if it falls below $60,000. BTC followed a downward trajectory, slipping below the critical $63,000 mark and the 100 hourly Simple Moving Average. The decline extended below $62,000, with the price even dipping beneath $61,200. Currently, BTC is consolidating losses after reaching a low of $60,888. Any attempt at a recovery may encounter resistance near the $62,000 level, as well as the 23.6% Fibonacci retracement level of the recent decline from the $65,500 swing high to the $60,888 low. Moreover, a bearish trend line is forming with resistance at $62,000 on the hourly chart of the BTC/USD pair. Bitcoin is presently trading below $63,000 and the 100 hourly Simple Moving Average, adding to the bearish sentiment. Immediate resistance is expected near the $61,800 level, followed by more significant hurdles at $62,000 and $63,200, the latter being close to the 50% Fibonacci retracement level. The primary obstacle for bulls lies at $63,800, with a clear breakthrough potentially propelling the price towards $64,450. However, if BTC fails to breach the $62,000 resistance zone, further downside movement is likely. Immediate support awaits near $60,850, followed by the crucial $60,000 level. A close below $60,000 could trigger a drop towards $58,000, with additional losses potentially leading to the $56,500 support zone. Technical Indicators: - The hourly MACD indicates increasing bearish momentum, while the hourly RSI for BTC/USD is currently below the 50 level, suggesting prevailing bearish sentiment. - Major Support Levels: $60,850, $60,000 - Major Resistance Levels: $62,000, $63,200, $64,450 Source - newsbtc.com #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ #BinanceSquareBTC #cryptocurrency
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