**Could Shiba Inu’s Past Performance Bring Big Gains for Investors?**
If Shiba Inu manages to replicate even a small portion of its impressive uptrend from 2020/2021, investors holding between 100,000 and 1 million SHIB could experience remarkable returns. The broader cryptocurrency market has been quite volatile, with prices fluctuating dramatically, leading to increased uncertainty. Unfortunately, Shiba Inu has also felt the impact of these erratic movements.
**Confidence in Shiba Inu Despite Uncertainty**
Even amidst this uncertainty, many market participants continue to show confidence in Shiba Inu. For example, data from IntoTheBlock reveals that over the past four days, whale netflow has remained consistently positive, suggesting that the inflow of tokens into whale addresses has outpaced outflows. Specifically, from February 20 to 23, Shiba Inu’s whale netflow totaled an impressive 443.78 billion tokens, with the latest figure reaching 67.64 billion SHIB on February 23. The last time Shiba Inu experienced a negative whale netflow was on February 19, indicating a sense of optimism among key stakeholders despite the price fluctuations. This optimism is largely attributed to Shiba Inu’s historical price performance, particularly during the bull run of 2020/2021. Many believe that if SHIB can replicate even a fraction of this historic surge, it could lead to significant gains.
**Why Holding 100K to 1M SHIB Could be Life-changing**
As these optimistic expectations gain traction, The Crypto Basic recently explored the potential returns for those holding a modest 100,000 to 1 million SHIB if the meme coin were to mirror the 2021 rally. To put things into perspective, an investor would only need to spend $1.49 to acquire 100,000 SHIB today, and $14.98 for 1 million tokens. The Crypto Basic’s assessment focused on Shiba Inu’s remarkable rise from February to October 2021, during which the meme coin achieved an astonishing 2,210,150% gain, reaching an all-time high of $0.000088 by October. However, this uptrend was just a part of its massive surge from 2020 to 2021.
If Shiba Inu were to replicate just half of that 2,210,150% gain, it would still skyrocket by an incredible 1,105,075%. With SHIB currently trading at $0.00001498, such an increase would elevate its price to $0.1655, effectively eliminating four leading zeros. At this price point, 100,000 SHIB tokens would be valued at $16,555, a staggering return on the initial investment of just $1.49. Similarly, the value of 1 million tokens would rise from the current $14.98 to $165,555.
However, it’s essential to recognize that such a dramatic uptrend is highly unlikely for Shiba Inu, considering its current circulating supply and market position. Nevertheless, this analysis highlights the potential of the meme coin and suggests that holding even a small amount could be life-changing in the future, especially as its ecosystem continues to grow.
