Shiba

Shiba Inu

/send

<div class="watcher-guru">
 <p>Shiba Inu made its debut as ‘Dogecoin Killer.’ Right since its initial days, it managed to captivate investors with its meme-inspired branding, accessible price and the potential for explosive growth. Those who ventured into the market and consistently invested in the meme coin fetched significant returns. In this article, we will explore the state of investors who invested $100 in SHIB every month since Sept. 28, 2020.</p>
 <p>The astounding return today sits at an astonishing $30.8 million. This remarkable return on investment has thrust SHIB into the spotlight, garnering the interest of both newcomers and experienced investors.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="900" height="500" src="https://cdn.thebittimes.com/images/2023/10/06/de168fde4ab9f635aa1e9d7bbc29a6b4.webp" alt class="wp-image-115011" srcset="https://cdn.thebittimes.com/images/2023/10/06/de168fde4ab9f635aa1e9d7bbc29a6b4.webp 900w, https://cdn.thebittimes.com/images/2023/10/06/de168fde4ab9f635aa1e9d7bbc29a6b4.webp 300w, https://cdn.thebittimes.com/images/2023/10/06/de168fde4ab9f635aa1e9d7bbc29a6b4.webp 768w, https://cdn.thebittimes.com/images/2023/10/06/de168fde4ab9f635aa1e9d7bbc29a6b4.webp 380w, https://cdn.thebittimes.com/images/2023/10/06/de168fde4ab9f635aa1e9d7bbc29a6b4.webp 550w, https://cdn.thebittimes.com/images/2023/10/06/de168fde4ab9f635aa1e9d7bbc29a6b4.webp 800w" sizes="(max-width: 900px) 100vw, 900px">
 </figure>
 <p><strong>Also Read: Shiba Inu To Reach 1 Cent?: These 2 Factors Could Send SHIB to $0.01</strong></p>
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div>
 </div>
 <h4 class="wp-block-heading" id="h-the-strength-of-consistency">The Strength of Consistency</h4>
 <p>Shiba Inu’s trajectory in the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency landscape has been truly remarkable. Initially introduced as a lighthearted and meme-inspired digital currency, SHIB swiftly gained momentum. The project’s founder, who goes by the pseudonym “Ryoshi,” set out to create a vibrant and entertaining ecosystem centered around SHIB.</p>
 <p>The strategy of investing $100 in SHIB every month since September 2020 has transformed many early adopters into multi-millionaires. This approach capitalizes on the concept of dollar-cost averaging [DCA]. This involves purchasing a fixed dollar amount of an asset at regular intervals, irrespective of its current price. By employing DCA, investors can mitigate the impact of market volatility and gradually accumulate assets at an average cost over time.</p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <p>While long-term holders have always benefitted, SHIB’s price is currently in the midst of a downtrend. At press time, the meme coin, at press time was trading at $0.000007225, after registering a 0.49% daily drop. SHIB is currently 91% below its all-time high of $0.00008616.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="572" src="https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp" alt class="wp-image-115007" srcset="https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 1024w, https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 300w, https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 768w, https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 1536w, https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 380w, https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 550w, https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 800w, https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 1160w, https://cdn.thebittimes.com/images/2023/10/06/43ef930ac081b8a7ff66e98ea5fb7d44.webp 1680w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source
  </figcaption>
 </figure>
 <p>While past performance does not guarantee future results, SHIB’s robust community and unique tokenomics make it an intriguing investment opportunity in the dynamic world of <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>. Nonetheless, as with any investment, it is essential to conduct thorough research, assess risk tolerance, and seek advice from financial experts before delving into the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency market.</p>
 <p><strong>Also Read: Shiba Inu: Can SHIB’s ‘Secret’ AI Venture Push its Price to $0.01?</strong></p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
 <p></p>
</div>
<div class="cs-entry__tags">
 <ul>
  <li>crypto</li>
  <li>cryptocurrency</li>
  <li>shib</li>
  <li>shiba inu</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-what-s-the-value-of-100-monthly-investments-since-sept-2020-tbt65279.html">https://thebittimes.com/shiba-inu-what-s-the-value-of-100-monthly-investments-since-sept-2020-tbt65279.html</a></p>

Shiba Inu: What’s the Value of $100 Monthly Investments Since Sept. 2020?

TheBitTimes

Other articles published on Oct 5, 2023

Catching up with SBF’s trial – has he been lying the whole time?

CoinPonzi scam AirBit: All executives except one have been sentenced

5 Crypto Casinos in the Czech Republic That Surprise Gamblers

Mythical Games Brings Street Racing and Car Ownership to Web3 Gaming with Official Launch of Nitr...

Bitcoin: Here's How a 12-year-old Became a Millionaire

🗒 Daily Newsletter | Thursday, October 05, 2023

Join our free newsletter for daily crypto updates!