The Shiba Inu (SHIB) ecosystem has landed in the market during the pandemic. Despite a considerable delay in its arrival in the cryptocurrency industry, Shiv was able to outperform some established assets. The second largest memecoin has been praised for bringing life-changing benefits and changing the property of several individuals. Some have made pocket profits and exits, but it’s important to look into people who have held assets for several years.
Shiba Inu’s current market
Over the past 24 hours, Shiv has fallen 6.72%. The assets have been running pretty well this week as they surged all the way to a high of $0.00001561. At the time of writing, Meme Coin was trading at $0.00001343, much lower than its weekly peak.
Despite meetings in the last few months of 2024, Shiba Inu continues to trade away from the highest ever. Meme Coin peaked at $0.00008845 in October 2021. Currently, the asset price is 84% below this milestone. The community hopes Shiv will hit the 1-cent mark, but it appears that immediate goal is to regain that all-time high.
Can an investment of $5,000 change your life?
About two years ago, in 2023, Shiba Inu was trading for $0.0000107. The $5,000 investment brings 467,289,719.63 shives. So, a $5,000 investment in Shiv two years ago is worth $6,272.14 today. This represents an additional 25.4% gain.
This may be a huge increase now, but the community continues to praise Shiba Inu for its growth. Several networks in the market were called due to the lack of utilities. However, the SHIB network is committed to building the same thing. Investors can see immeasurable returns over the next few years if the network continues to boost Shiv’s use cases.
