Prediction: Shiba Inu Will Be Worth This Much in 5 Years

You won't find many investments with more early success than Shiba Inu (CRYPTO: SHIB). During 2020 and 2021, it gained more than 17,000,000%. The lucky few who got in (and out) at the right time are set for life.Since then, Shiba Inu has mostly lost value, outside of a few smaller bull runs. The current price is $0.000011 as of June 20, down 87% from the all-time high in 2021 and 45% on the year. At that price, $100 is enough to buy well over 8 million of the tokens.Several popular cryptocurrencies have done well over the last year, including Bitcoin (up 59%), XRP (up 343%), and Cardano (up 57%). And investors are excited about the future, considering the Trump administration has been crypto-friendly so far. Could it be Shiba Inu's turn to go on a run? Anything's possible, but I would be cautious about investing in this meme coin.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool