Could Shiba Inu Eventually Go Down to $0?
For well over a century, the stock market has been a wealth-creating machine. Even though stocks might underperform other investment channels from time to time, the average annual return of equities over the long run leaves bonds, gold, and housing in the dust.
But it's an entirely different story if the view is narrowed to just the past couple of years. Whereas the benchmark S&P 500 is up approximately 90% since its March 2020 pandemic low, the aggregate value of all digital currencies has catapulted higher by 791% over the same time frame.
Although crypto's blue chips, Bitcoin and Ethereum, have played a big role in this nominal value increase, it's meme coin Shiba Inu (CRYPTO: SHIB) that's been largely responsible for luring new investors into the cryptocurrency space.
Source Fool.com
