Can I make money on Shiba Inu?

You can earn money by purchasing and holding Shiba Inu tokens for a medium or a long-term timeframe . Consider an investment started on 1st April 2020 at $0.000000053 per coin. If you had bought $100 worth of Shiba Inu then, It would have grown by more than 131,900 % to the present day.

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Has Shiba Inu made any millionaires?

Meme token Shiba Inu has been reaching “for the moon” with its price surging over 140 percent over the last week. The spike has made initial investors in the joke token billionaires. One such holder, who had invested $8,000 in Shiba Inu in August last year is now worth a whopping $5.7 billion.

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Why is Shiba Inu market cap so high?

Interestingly, Shiba Inu has emerged as “The Dogecoin Killer” beating the likes of cryptocurrencies such as Uniswap, Luna, USD Coin, Polkadot and XRP in market cap terms. The rise is speculated to be fuelled after tech billionaire Elon Musk , tweeted a photograph of the SHIB coin going to the Moon on October 18.

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