Million

April

Shiba Inu

Rise

<div class="watcher-guru"> 
 <p>Shiba Inu started gaining traction within a short span of time after its launch. The asset made its debut three years back. After independently rallying on a host of occasions, the asset created an ATH in 2021. When the market conditions became bearish, SHIB registered a significant drawdown. However, just like most other mid-cap assets, even SHIB has successfully managed to make it through winter. At press time, the $4.3 billion market-capped asset was exchanging hands at $0.00000741.</p> 
 <p>Shiba Inu created its all-time high price of $0.00008616 on Oct. 28, 2021. From this point, the asset is down by more than 91%. This means investors who bought SHIB during its peak are currently drowning underwater. Contrastingly, Shiba Inu has appreciated significantly from its all-time low of created in 2020. SHIB has already deleted a handful of zeros. Data from CoinGecko suggested that the asset was up by multi-million percent from its bottom. This means, the investment bags of early investors have massively inflated.</p> 
 <figure class="wp-block-image size-full is-resized">
  <img decoding="async" src="https://cdn.thebittimes.com/images/2023/09/15/a920117820d407bdef30cc6a5a140683.webp" alt class="wp-image-112196" style="width: 100%;height:101px" width="700" height="101" srcset="https://cdn.thebittimes.com/images/2023/09/15/a920117820d407bdef30cc6a5a140683.webp 856w, https://cdn.thebittimes.com/images/2023/09/15/a920117820d407bdef30cc6a5a140683.webp 300w, https://cdn.thebittimes.com/images/2023/09/15/a920117820d407bdef30cc6a5a140683.webp 768w, https://cdn.thebittimes.com/images/2023/09/15/a920117820d407bdef30cc6a5a140683.webp 380w, https://cdn.thebittimes.com/images/2023/09/15/a920117820d407bdef30cc6a5a140683.webp 550w, https://cdn.thebittimes.com/images/2023/09/15/a920117820d407bdef30cc6a5a140683.webp 800w" sizes="(max-width: 700px) 100vw, 700px">
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   Source: CoinGecko
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 </figure> 
 <p><strong>Also Read: Shiba Inu: To Make $10 Million at $0.01, How Much to Invest Now?</strong></p> 
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 <h3 class="wp-block-heading" id="h-shiba-in-s-journey-through-the-years">Shiba In’s Journey Through the Years </h3> 
 <p>Shiba Inu was trading at $0.000000000510 around its launch period. It then halved in value, and added an extra zero by the end of 2020. Thus, $1000 invested during SHIB’s early days first shrunk to $550.98 and then straight away registered a free fall to $1.96.</p> 
 <figure class="wp-block-image size-large">
  <img decoding="async" width="1024" height="638" src="https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp" alt class="wp-image-112190" srcset="https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp 1024w, https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp 300w, https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp 768w, https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp 380w, https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp 550w, https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp 800w, https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp 1160w, https://cdn.thebittimes.com/images/2023/09/15/741c9feedbdaabb17784f17c55099e38.webp 1256w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Crypto News
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 </figure> 
 <p><strong>Also Read: Shiba Inu Forecasted to Rise 650%: Here’s When</strong></p> 
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 <p>Nevertheless, 2021’s bull run changed SHIB’s fate the investment blew up to $19,606 and then $98,000 in Q1. In May, it inflated to $17.25 million. In early October, when SHIB was en-route to its ATH, the investment was worth more than $55 million. Around the same time in the following year, i.e. in October 2022, the value of the investment dropped to $19 million. In early April 2023, it was worth $22.2 million. </p> 
 <p>At press time, price of $0.00000741, the $1000 investment was valued around $14.5 million. Evidently, early investors have seen their own fair share of ups and down over the years. Even so, they remain in a profitable state at the moment. </p> 
 <figure class="wp-block-image size-large">
  <img decoding="async" loading="lazy" width="1024" height="1024" src="https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp" alt class="wp-image-112214" srcset="https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 1024w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 300w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 150w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 768w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 80w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 110w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 380w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 550w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 800w, https://cdn.thebittimes.com/images/2023/09/15/b9e2556693d898aa323f2f475efae258.webp 1428w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: Watcher Guru Archives 
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 </figure> 
 <p><strong>Also Read: Shiba Inu Whale Net-Flow Up 275%: Will SHIB Rise?</strong></p> 
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<div class="cs-entry__tags">
 <ul>
  <li>shib</li>
  <li>shiba inu</li>
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/shiba-inu-a-1-000-investment-turns-to-15-million-in-sept-2023-tbt62864.html">https://thebittimes.com/shiba-inu-a-1-000-investment-turns-to-15-million-in-sept-2023-tbt62864.html</a></p>

Shiba Inu: A $1,000 Investment Turns to $15 Million in Sept. 2023

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