The cryptocurrency market does not just bring in gains or losses to its community. The market teaches investors to cope with losses and celebrate their profits. But above everything else, the market urges the community to remain patient. Shiba Inu (SHIB) is a perfect example of all the characteristics mentioned above. SHIB is now teaching its community the value of patience, even though the meme currency initially generated significant profits for its investors. This article talks about the substantial profits that investors may obtain by exercising patience.
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A Look At Shiba Inu’s Growth So Far
At the time of writing, SHIB was trading at $0.00001503. This comes after a nearly 2% rise over the past 24 hours. The past month has been extremely bullish for Shiba Inu. The meme coin increased by nearly 30% during this period.
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It should be noted that SHIB has grown by more than 18434934.28% throughout the past five years of its existence. The asset went from a low of $0.00000000008165 to a high of $0.00008845 and then back to its current price. Despite this, the market remains highly optimistic about the meme coin. CoinMarketCap’s Community Sentiment reveals that 88% of a staggering 990K votes were bullish about SHIB’s rise. Only 12% of them were not very positive about the asset.
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2050 Price Prediction
The fate of cryptocurrencies during the next few years is certainly unpredictable. While the market hopes for a positive uptick, the volatile nature of these assets could be a cause of concern. But data from Changelly reveals that Shiba Inu investors might be recording a massive increase over the next two decades. By the year 2050, SHIB will rise and delete several zeroes to land at a high of $0.0122. This highlights a 71713% potential return on investment.
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