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Is Shiba Inu A Dead Coin? $500 In SHIB Now Worth $104.8M

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Questions about whether Shiba Inu is a dead coin keep popping up, but here’s what the numbers actually show. The token sits at number 21 on the cryptocurrency rankings with a market cap around $7 billion right now. Back in November 2020, SHIB launched at a price of $0.000000000056. At the time of writing, it trades at $0.00001174—that’s a gain exceeding 20 million percent according to CoinMarketCap’s SHIB data. If you had put $500 into Shiba Inu at launch, you’d be looking at $104.8 million today. This raises real questions about the investment potential and whether the coin is truly dead or just going through another tough patch like many other cryptocurrencies. Also Read: Shiba Inu Warning Goes Viral: Scammers Target the SHIB Army Again Shiba Inu Dead Coin Insights, $500 Investment, And Investment Potential Source: Watcher.Guru The Reality Behind The Dead Coin Claims The narrative that Shiba Inu is a dead coin doesn’t really hold up when you dig into what...