If You Invested $100 In Shiba Inu When The Coin Launched, Here’s How Much You’d Have Today

Meme coin Shiba Inu (CRYPTO: SHIB) is one of the top gaining cryptocurrencies among the largest cryptos with a 9.3% gain over the last 24 hours. The coin continues to see strong interest thanks to a rising burn rate and optimism ahead of Donald Trump’s inauguration.

Here’s a look at how much money people who got in at the start of the Shiba Inu storyline would have made today.

What Happened: Shiba Inu launched as a similarly themed cryptocurrency to Dogecoin (CRYPTO: DOGE)  in August 2020. Today, the cryptocurrency is one of the 15 largest coins by market capitalization, and has appeared in the top 10 from time to time.

Shiba Inu leverages the Ethereum (CRYPTO: ETH) network and created a decentralized exchange called ShibaSwap, which includes tokens like BONE and LEASH.

Investors who became familiar with Shiba Inu early would have profited nicely.

The cryptocurrency launched in August 2020, and its earliest date listed for price history is Aug. 1, 2020, when it traded at $0.00000000051 per token.

A $100 investment at the time could have bought 196,078,431,373 Shiba …

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