Shiba

Ethereum

Rally

Shiba Inu

Billion

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 <p>Shiba Inu (SHIB) has turned many early investors into multi-millionaires. However, in some cases, investors have also reaped over one billion dollars. Between its launch in August 2020 and reaching its all-time high in October 2021, SHIB had surged by many million percent. Investors who held on reaped the benefits of being patient. Many who sold regretted their decision later.</p>
 <p><strong>Also Read: Shiba Inu: Here is When SHIB Could Rally 12,100% and Hit $0.001?</strong></p>
 <p>If an investor had put in $100 every week into SHIB since early August 2020 and continued to do so till the token hit its all-time high on Oct. 21, 2021, they would have invested $6,400. However, if withdrawn on Oct. 21, 2021, the portfolio’s value would have been $1.38 billion. The rise in value translates to a growth of 21.5 million percent.</p>
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 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="443" src="https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp" alt class="wp-image-120188" srcset="https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 1024w, https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 300w, https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 768w, https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 1536w, https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 380w, https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 550w, https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 800w, https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 1160w, https://cdn.thebittimes.com/images/2023/11/29/cd099b75ff3aa59326a4484e75ff8b49.webp 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: CryptoDCA
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 <h3 class="wp-block-heading" id="h-can-you-still-be-a-millionaire-with-shiba-inu-shib">Can you still be a millionaire with Shiba Inu (SHIB)?</h3>
 <figure class="wp-block-image size-full"><img decoding="async" width="733" height="419" src="https://cdn.thebittimes.com/images/2023/11/28/53f799b7a3e121989844ace384322822.webp" alt="If an investor had put in $100 every week into SHIB since early August 2020, the portfolio's value could've reached $1.3 billion." class="wp-image-118191" srcset="https://cdn.thebittimes.com/images/2023/11/28/53f799b7a3e121989844ace384322822.webp 733w, https://cdn.thebittimes.com/images/2023/11/28/53f799b7a3e121989844ace384322822.webp 300w, https://cdn.thebittimes.com/images/2023/11/28/53f799b7a3e121989844ace384322822.webp 380w, https://cdn.thebittimes.com/images/2023/11/28/53f799b7a3e121989844ace384322822.webp 550w" sizes="(max-width: 733px) 100vw, 733px">
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 <p>Although the asset has turned many investors into millionaires and billionaires, many worry that they may have missed the SHIB boat. But, SHIB could still rally by many thousand percent in the future.</p>
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 <p>However, during Shiba Inu’s (SHIB) last bull run, Ethereum (ETH) co-founder Vitalik Buterin had burned half of SHIB’s supply. Upon launch, the developers sent Buterin half of SHIB’s supply. Buterin decided to burn 90% of what he received and to give the rest to charity. The massive burn played a significant role in SHIB’s 2021 rally.</p>
 <p><strong>Also Read: Shiba Inu: How Much To Invest To Be a Millionaire if it Hits $0.001?</strong></p>
 <p>If Shiba Inu (SHIB) has to rally like it did in 2021, it needs more massive burns. The project still has 589 trillion tokens in circulation. Hence, reaching higher prices becomes difficult as the market cap would get unrealistically high. However, the developers have said they are working on a new burn mechanism, rumored to destroy trillions of tokens yearly.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-weekly-100-since-launch-could-have-got-1-3-billion-tbt71981.html">https://thebittimes.com/shiba-inu-weekly-100-since-launch-could-have-got-1-3-billion-tbt71981.html</a></p>

Shiba Inu: Weekly $100 Since Launch Could Have Got $1.3 Billion

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