Shiba Inu Delivers Generational Wealth: $2,000 Turns Into $345 Million
Five years ago on this date, Shiba Inu was trading at $0.000000000056 (10 zeroes) in the indices, according to CoinMarketCap. Traders who invested $2,000 back then got to accumulate 35,700,000,000,000 SHIB tokens (35.7 trillion) in their wallets. That’s a larger-than-life number and had the capability to change investors’ fortunes.
Shiba Inu is currently trading at the $0.000009 range on Monday and is mostly bearish in the charts. Traders who held on to the 35.7 trillion tokens have multi-million-dollar amounts sitting in their wallets. The $2,000 investment in Shiba Inu made five years ago is now worth a mind-blowing $345 million. Pressing the sell button now could lead to enormous wealth and working a single day in their life, or worrying about finances.
SHIB was the most sought-after cryptocurrency in the market with heavy investments from new and first-time traders. The hype for the meme coin reached its peak in 2021, even going above and beyond Dogecoin. However, the ongoing slump in value has dampened its buzz, leading to little to no hype among the investor community. The millionaire club in Shiba Inu is now closed as its price is moving backward.