The hype around Shiba Inu (SHIB) during the 2021 rally was very real. Investors becoming overnight millionaires was the talk of town in in the crypto sphere. SHIB’s price skyrocketed by several million percent right after Ethereum co-founder burned nearly 410 trillion tokens. Buterin had received half of SHIB’s supply, but decided to burn 90% of the coins he received. SHIB’s 2021 rally was one for the history book.
As the years went on, Shiba Inu’s (SHIB) price came dwindling down. The asset is currently down by about 94% from its 2021 all-time high of $0.00008616. Despite the massive price dip since its peak, some early investors are still sitting on big gains. Let’s discuss how a small investment in Shiba Inu (SHIB) back in the day could have made you a millionaire today.
Shiba Inu: A Millionaire With Just $13?
Shiba Inu (SHIB) was at its lows on November 11, 2020. The asset was trading at around $0.00000000005637 at the time. Changelly’s ROI (Return On Investment) calculator shows that if you invested $13 in Shiba Inu (SHIB) when it was at its lowest, the investment would have risen to more than $1 million today. Your portfolio would have grown by 8,074,465% (8.07 million percent).
That’s not the least of it. Shiba Inu (SHIB) hit an all-time high of $0.00008616 on October 28, 2021. If you had sold your $13 worth of coin when Shiba Inu (SHIB) was at its peak, you would have made a whopping $15.15 million. In this scenario, your investment would have risen by 116,556,166% (116.55 million percent).
Also Read: Shiba Inu: What Went Wrong, And Can It Jump Back Up?
Shiba Inu’s (SHIB) incredible rally during the 2021 bull run made the asset significantly popular. Shiba Inu (SHIB) especially struck a chord with new crypto investors who wanted to make it big with minimal investments.
