Shiba Inu: How much money can you make if SHIB takes back ATH?

Shiba Inu Coin (SHIB) has faced some challenges recently, but as the popularity of the Shibarium network increases and market sentiment improves, this may drive the price of this "media coin". The price of SHIB once surged by 1,000% in October 2021, giving hope to SHIB holders when the asset reached an all-time high of $0.00008616. 23 months removed from this high point, SHIB has encountered some difficulties in regaining this position. Still, investment in the asset is growing.

What we will discuss in this article is how much potential gains an investment of $1,000 could bring if Shiba Inu Coin reaches all-time highs. It is worth noting that SHIB is currently trading at $0.000007343, with a daily decline of 0.34%, and a market capitalization of $4.33 billion.

From $0.00000734 to $0.00008616: What is the likely return from investing $1,000 in a Shiba Inu?

To achieve this, we will first move the decimal point, increasing the price of SHIB from $0.00000734 to $0.00008616. Although accomplishing this goal is challenging due to the depressed state of the SHIB ecosystem, even with the introduction of Shibarium, the performance impact on SHIB will be small. Based on current prices, SHIB would need to grow by 1,071% to reach its all-time high.

An investment of $1,000 at the current price of $0.00000734 per SHIB could result in 136 million tokens. If Shiba Inu can surpass its all-time high in the future, a $1,000 investment today could grow to $11,747. While this may not be life-changing, it should be noted that SHIB is no longer in its "golden age."

Whether Shiba Inu Coin is able to regain its previous highs depends on a variety of factors, including the performance of the overall cryptocurrency market, investor enthusiasm, and the success of SHIB-related initiatives or projects. Therefore, it is vital to conduct thorough research and assessment of the risks inherent in cryptocurrency investing.