Why Shiba Inu Might Never Recover From This Crash
If you took $3 and used it to purchase the cryptocurrency Shiba Inu (CRYPTO: SHIB) on Jan. 1 this year, you'd have over $1.29 million today -- assuming you held on. That's a whopping 43,000,000% return.
Yet the meme token is down 62% from it's all-time high, when your $3 would have been worth as much as $3.4 million.
It's a truly once-in-a-lifetime return that even the most seasoned investors typically never get to see. By comparison, if you purchased stock in e-commerce giant Amazon when it listed publicly in 1997 and held on, you would have earned a return of 195,900% to date. Not only is that return a fraction of Shiba Inu's return, but it would have taken 24 years compared to just 12 months for the token.
Source Fool.com
