The Shiba Inu did a tremendous job in the market when it was introduced. The price of this meme coin has also been falling as the crypto market has been falling for some time now, but like Dodgecoin it is also one of the few tokens that skyrocketed with a tweet from an influencer like Elon Musk. reaches.
October was a good month for Shiba Inu, but since the beginning of November, the token has been witnessing a steady decline in its price. If seen, 2022 has not been very good for Shiba Inu, but it is expected that 2023 can be good for this token. Not only this, Analytics Insight has a Report It has been estimated that by 2025, there can be a good increase in its price.
If we look at the price charge of Shiba Inu, then if you invest $ 2 (about Rs 160) on Shiba Inu in the beginning of 2021, then you can become a millionaire after exactly one year. Something similar can be inferred even today. Even though the price of the token is volatile and falling, but if you bet a few dollars on a Shiba Inu in this falling market, you could become a millionaire in the coming years.
At the time of writing the price of Shiba Inu was $0.00000887. In October last year, the Shiba Inu was at its all-time high with prices higher by about 75%. In such a situation, even if we expect its price to come back to its all-time high, then the investor can make huge profits.