Here’s How Much $1000 Invested in Shiba Inu Every Christmas Since 2020 is Worth Today

This article considers the potential returns of $1,000 invested in Shiba Inu (SHIB) every Christmas day since SHIB’s inception.

Four Christmas seasons have surfaced since Shiba Inu’s debut in August 2020. While Christmas serves as a season of familial gatherings, indulgent feasts, and the exchange of gifts for numerous individuals, some savvy investors often capitalize on the holiday period to potentially earn their gifts from the market.

Following the Christmas festivities of 2023 celebrated yesterday, The Crypto Basic delves into the intriguing question of the current value for a $1,000 investment in Shiba Inu on any Christmas day since Shiba Inu’s inception.

$1k Invested in Shiba Inu on Christmas Day 2020

According to data from CoinMarketCap, Shiba Inu opened for trading on December 25, 2022, at $0.000000000168, which was later its highest price that day. While Shiba had hit an intra-day low of $0.000000000127, it subsequently ended the day slightly better at $0.000000000133.

A Shiba Inu investor who took advantage of Shiba Inu’s low of $0.000000000127 would have gotten 7,874,015,748,031 (7.87 trillion) SHIB tokens.

Meanwhile, Shiba Inu now has a prevailing market value of $0.00001066. This figure implies that the $1,000 Shiba Inu investment during the 2020 Christmas is now worth $83,937,007.

In other words, this $1k investment has seen a staggering return on investment of 8,393,600% in three years.

– Advertisement –

$1k Invested Christmas Day 2021

Meanwhile, 2021 marked the period Shiba Inu attained phenomenal feats, garnering widespread interest from the broader community.

By 2021’s Christmas, Shiba Inu had eliminated five leading zero, compared to the previous season. In particular, SHIB opened for trading at $0.00003626.

It attained an intra-day high of $0.00003833 and closed at $0.00003771. Notably, Shiba Inu’s lowest value on December 25, 2021, was $0.00003605.

A $1,000 invested in Shiba Inu at the low intraday price of $0.00003605 on that Christmas day amounted to 27,739,251 SHIB tokens. However, this $1k investment would be worth $295 today. This figure implies a loss of 70.5% on the initial capital.

$1k Invested Christmas Day 2022

However, by Christmas of 2022, Shiba Inu has taken a hit, retrieving a previously lost decimal point. It exchanged hands at a high of $0.000008375 and later dropped to a low of $0.000008211. 

At this stage, an investor who committed $1k into the Shiba Inu market got at least 121,787,845 SHIB tokens, now valued at $1,298. This implies a profit of $298 after holding for one year.

$1k Invested Christmas Day 2023

While the other $1k investments have stayed at least 12 months, the potential for a 24-hour investment in Shiba Inu is also worth considering. Yesterday, SHIB traded at a low of $0.0000106 but subsequently grew to a high of $0.00001105. 

A $1k investment from yesterday gives a minimum of 94,339,622 SHIB. Now, Shiba Inu sells for around $0.00001066. In other words, a $1k portfolio has grown to $1,005, a paltry $5 profit.

• SEO Powered Content & PR Distribution. Get Amplified Today.
• PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
• PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
• PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
• PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
• Source: https://thecryptobasic.com/2023/12/26/heres-how-much-1000-invested-in-shiba-inu-every-christmas-since-2020-is-worth-today/?utm_source=rss&utm_medium=rss&utm_campaign=heres-how-much-1000-invested-in-shiba-inu-every-christmas-since-2020-is-worth-today