Shiba Inu (SHIB) has created a significant impact in the crypto market, attracting investors' attention with rapid price spikes and dramatic drops. Although investors initially saw huge gains, the price of this token has fallen since reaching its highest peak in October 2021, causing many to question whether it is still a smart investment choice.
Membeli Shiba Inu $1.000 Dollar
Since February 2023, the value of SHIB has experienced a decline of almost 50 percent, opening up opportunities for new investors to consider entering the market. If you invested US$1,000 at the current price, you would have approximately 147,492,625 SHIB tokens.
According to the Watcher News report, if SHIB reaches its peak (ATH) again, the value of the token will reach US$12,707.9, which means a potential profit of around 1,170 percent. With this impressive rate of return on investment, SHIB becomes an attractive option for those willing to take calculated risks.
For investors who have more ambitious goals, becoming a SHIB billionaire is achievable.
TOWARDS ATH
Many investors are currently asking when SHIB will reach its highest peak (ATH) again and what the potential profit will be. In Changelly's opinion, the current estimate is between 2028 and 2029, namely in the next four to five years.
However, many crypto experts and enthusiasts have a more optimistic view, thinking that SHIB could recover faster than that time frame. There are reasons for this, such as the approaching Bitcoin halving event scheduled for April 2024, which has historically triggered huge surges in the crypto market. If this scenario occurs, SHIB could reach its ATH faster than we previously thought.
