Investors’ Dream! For Just Ksh1540, You Can Now Become A Shiba Inu Millionaire
Since its launch in August 2020 as a direct competitor to Dogecoin (DOGE), the dog-inspired cryptocurrency Shiba Inu (SHIB) has risen to popularity, and now crypto traders and investors can get their hands on over 1 million Shiba Inu coins for as little as $12.
According to Binance’s Trending Altcoin list, Shiba Inu is the top trending crypto asset in the last seven days, followed by Floki Inu (FLOKI), another fast-rising meme coin originally inspired by tech billionaire Elon Musk.
$1 could get you 90,661 of Shiba Inu, considering that it is currently changing hands at the price of $0.00001103.
Therefore, a relatively small investment of $12 would get you 1,087,932 SHIB, as per the price data retrieved by Finbold on March 6.
Also making an appearance on the list is Bone ShibaSwap (BONE) the native token of Shiba Inu’s decentralized exchange (DEX) and the coin that will be used for gas fees on Shibarium, the highly anticipated layer-2 project for the Shiba Inu ecosystem.
Meme coins are an interesting aspect of crypto but have continued their accelerated growth in popularity.
Starting with Dogecoin (DOGE), the industry has been known for its ardent communities of support, and the growing status among utility-based coins, or the immensely prominent, Bitcoin (BTC).
How Shiba Inu Made An Average Investor Dream About Making $1 Million
Before 2019, investors believed that only Bitcoin or Ethereum could deliver $1 million or more in returns. However, that ‘thought process’ changed in early 2021 after Dogecoin dramatically hit $0.01 making early investors turn multi-millionaires.
This is when the seeds of the ‘thought process’ that ‘I too can be a millionaire’ grew in the mind of an average investor.
Now that Dogecoin had run its course (in 2021), investors were on the lookout for the next gem that could replicate DOGE’s success. Replicating Dogecoin’s success mainly means: (affordable investment + dramatic returns = When it hits the magic number of $0.01)
Therefore, Shiba Inu entered the markets at the right place and at the right time to fill in the void.
