This Investment Could Have Turned You into a SHIB Billionaire

Some Shiba Inu (SHIB) investors could have become billionaires if they had taken a premium risk in capital injection in the token’s early days.

One of the areas Shiba Inu stunned the industry was how it helped a few early investors attain financial freedom in it early days.

Tales featuring the injection of hundreds of dollars that turned into millions are well documented on The Crypto Basic, underscoring how lucrative some of the risky bets in SHIB turned out from 2020 to date.

While entering the SHIB millionaire threshold is no longer a surprising twist, could an investor have raked in billions of dollars with Shiba Inu investment?

The Shiba Inu Billion Update

There are different strategies that an investor could have employed to generate a billion in profit from Shiba Inu.

The token traded at a low of $0.00000000008165 on September 1, 2020. Investing about $6,900 into the token at the time would have given a total of 8,450,704,200,000 SHIB. 

A patient investor who held this bag until the coin touched its ATH of $0.00008845 a little more than a year after would have raked in a total profit of $7,474,647,887 ($7.47 billion).

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While investing $6,900 in an unproven coin might be seen as too risky a venture, injecting $100 weekly from around August 20, 2020, until the time the token touched its ATH, a total of $6,900 would have also been invested.

The value of the investor’s holdings would have jumped to $1.16 billion with a more than 18.7 million percent surge.

Is This Mega Growth Still Feasible?

In the crypto ecosystem, reality has been distorted on several occasions making it hard to define what is possible or not. Shiba Inu now has a more robust market capitalization pegged at $5,332,492,931, making such erratic price surges largely unrealistic.

However, with the growing clamor to reduce the supply of the token in the long term, investors with large capital and patience may still rake in enormous growth over the coming years.