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Cryptocurrency News Articles
Shiba Inu (SHIB) Investors Could Have Turned a $100 Investment Into Millions: Here's How
Jan 18, 2025 at 01:53 am
Meme coin Shiba Inu (CRYPTO: SHIB) is seeing another day of strong gains, up 9.3% over the last 24 hours. One of the largest meme coins by market capitalization, SHIB has now seen a gain of over 40% in 2025.
Shiba Inu, which launched in August 2020, is up over 9,300,000% since its earliest price listing on CoinGecko, which is the date used for analysis in this story.
A $100 investment in Shiba Inu at the earliest available date would be up an astonishing 4,780,392.16% today.
For context, an initial investment of $100 at the earliest available price would be worth $4,780,392.16 today. Shiba Inu hit an all-time high of $0.00008845 in October 2021. At its peak, the $100 investment would be up $17,343,137.25.
Shiba Inu Price History: Shiba Inu launched as a cryptocurrency that was themed similarly to Dogecoin (CRYPTO: DOGE) in August 2020. Today, the cryptocurrency is one of the 15 largest coins by market capitalization, and has appeared in the top 10 from time to time.
Shiba Inu leverages the Ethereum (CRYPTO: ETH) network and created a decentralized exchange called ShibaSwap, which includes tokens like BONE and LEASH.
Investors who became familiar with Shiba Inu early would have profited nicely. The earliest price listing for SHIB on CoinGecko is Aug. 1, 2020, when it traded at $0.00000000051 per token.
A $100 investment at the time could have bought 196,078,431,373 Shiba Inu. That investment would be worth an astonishing $4,780,392.16 today, based on the current price of $0.0002438 at the last check.
Shiba Inu was added to several major cryptocurrency platforms like Coinbase (NASDAQ:COIN), Kraken and Robinhood (NASDAQ:HOOD) in 2021 and 2022. Not all cryptocurrencies appreciate this much in value, and most have low trading volumes when first offered, making this type of investment outcome unlikely for the majority.
This is another example of how investing a small amount in cryptocurrency could have a strong return over time.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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