Shiba Inu started out with a humble beginning and grew from a valuation of hundreds to billions of dollars in crypto assets.
At one point, it even ranked as the world’s top 10 most valuable crypto assets. However, Shiba Inu lost some of its glory amid the recent market slump, but continues to maintain a significant portion of the profits it has incurred since its inception.
Crypto Basics We have looked into today’s value of $100 and $1,000 investments in Shiba Inu, which were recently acquired at launch.
Buy and launch Shiba City
In particular, Shiba Inu entered the crypto scene in August 2020 during the global pandemic. According to data from CoinmarketCap, Shiba Inu opened on August 2, 2020 for trading at 0.000001009 along with nine zeros.
At this first price, $100 can buy 991.1 billion Siv tokens. In the context, as of today, a $100 investment will only buy 9.32 million shiv tokens.
Similarly, an investment of $1,000 at launch could potentially buy 991.1 billion Siv tokens. This translates to today’s 93.28 million shib tokens.
In particular, the Shiba Inu price rose 8,766,005% from this low starting point, surged to $0.00008,845 just a year after its launch. This means that at that peak, those who bought the $100 Sibainu at the start earned around $8.77 million. For those who invest a lot of $1,000, they made more than $87 million.
Certainly there have been many testimonies of financial success from Shiba Inu, but most people are regrets about missing out after having previously had the unusual opportunity to invest in SHIB.
For example, early Dubai-based Shiba Inu Investor disclosed a $4,000 investment to Shiba Inu during its launch, but quickly settled its holdings during short market fluctuations. He pointed out that if he had held on the investment, he would have made him $70 million.
What is it worth today?
Meanwhile, after Shiba Inu cancelled five zeros and traded at a peak of $0.00008845, it then returned to a low of around $0.00006. However, Shiba Inu is trading at $0.00001081 at press, marking 88% DIP from the highest ever value.
Yet at this value, the earliest Shiva dog investors are still profiting. In particular, at current prices, the $100 investment from five years ago is still worth $1,071,357. Similarly, despite the fact that Shiba Inu is trading below the peak at 88%, the $1,000 investment in SHIB since August 2020 is worth $10.71 million today.
This highlights the massive profits that the earliest Shiba Inu investors still enjoy despite the continued market slump. In fact, IntotheBlock data shows that 18% of SHIB holders are still profitable at current levels. Meanwhile, a massive 69% is nursing loss, and 13% is broken.
Shiba Inu holders bring profits and losses
