Shiba Inu has generated incredible profits for early investors, giving them a quick taste of the millionaire lifestyle. From inception to today, no other asset has generated profits like SHIB. It is a one-of-a-kind token, and only a lucky few have been able to reap the massive returns it has generated since 2020.
Dog-themed tokens surged nearly 50% on the charts following Trump’s victory, kicking off the rally. The broader cryptocurrency market has also surged as Bitcoin hit a new all-time high of $93,477. Leading altcoins are trading at yearly highs and investor optimism is surging.
Shiba Inu: A $1,000 investment has now grown to $396 million
Changelly data shows that if you invested just $1,000 in Shiba Inu four years ago on November 15, 2020, and held the token until today (November 2024), you would have made a profit of $396.2 million. This is a huge amount of money, equivalent to generational wealth, enough to change lives. In just four years, SHIB has risen by 39,620,325%, becoming the king of cryptocurrency market returns.
For the uninitiated, in November 2020, the Shiba Inu was trading at 10 zeros on the charts. However, between 2020 and 2021, the Shiba Inu’s price surged by nearly 85,000,000%, making early investors millions of dollars. This increase was astounding and has received a lot of attention for its massive returns.
Since SHIB sells for less than 1 cent, regular investors are finding the token investable. An investment of just $1,000 puts millions of tokens into their portfolio, increasing the chances of making millions when Shiba Inu rises again.
Only time will tell if it will rise millions of percentage points again in the coming years. Until then, it is recommended to hold SHIB tokens, as meme tokens usually bring unimaginable returns when the time is right.
