How Much Would You Make with $100 If Shiba Inu Reclaims Its ATH
The recent market collapse has dropped Shiba Inu to record lows, but investors see this as an opportunity to procure the asset at a discount.
Amid the market-wide collapse, Shiba Inu (SHIB) is currently going through one of its lowest phases for this cycle. However, despite the bearish trend, some investors see the downturn as an opportunity to amass SHIB at a discounted price. But how much would an investor make with $100 worth of Shiba Inu if the asset eventually reclaims its all-time high?
Data from the prominent price-tracking platform CoinMarketCap suggests that Shiba Inu’s all-time high value is $0.00008845. Notably, SHIB claimed this high price amid an impressive rally in 2021. Shiba Inu rallied from $0.0000000166 in March 2021 to $0.00008845 in October 2021. This marked a 532,731% increase in less than eight months.
However, following the all-time high, SHIB has continued to shed off its gains. At the current price of $0.000006741, Shiba Inu is 92% down from its all-time high. While this situation has affected investors’ confidence, some market participants wish to leverage it for accumulation.
ROI for a $100 Shiba Inu Investment
If an investor procures $100 worth of SHIB at the asset’s current price, they will amass 14.83 million tokens. Should Shiba Inu eventually reclaim the all-time high value of $0.00008845, these tokens would be worth $1,320. This appreciation represents a 1,220% increase.
Similarly, a $1,000 investment in Shiba Inu at its current price would yield an estimated $13,121 if the asset hits the ATH. Across the crypto market, most investors regard market downturns as periods of accumulation, evident in the prevailing “buy the dip” narratives observed during such times.
The consensus is that the downturn is temporary and the markets will recover. However, the extent of this recovery is usually unclear. Nonetheless, this should not serve as financial advice, as the likelihood of an investment dipping further below exists.
The chances of Shiba Inu recovering its all-time high values are higher than the chances of it hitting $0.001. The community remains consistent in the enhancement of the ecosystem. Projects such as Shibarium and the Shiba Inu Metaverse are expected to attract more demand and utility.
However, SHIB is not guaranteed to reclaim its all-time high, and investors should always conduct proper research. Meanwhile, the asset is currently seeking to recover the losses of the last few days, up 2.30% in the past 24 hours.
Source: The Crypto Basic
