Quote from: DrinkingHarp on November 05, 2021, 02:52:36 AM
Just ran across this on The Motley Fool via yahoo
Just Insane
Here's how much $100 invested in Shiba Inu on its debut day is worth now
Meme coin Shiba Inu first hit select cryptocurrency exchanges for trading on Aug. 1, 2020, with a first-day print of $0.00000000051 per token. At the time of this writing, late in the evening of Oct. 31, SHIB tokens were being purchased at $0.00007163. It might be difficult to do the math with all of these zeroes, but this 15-month increase since its debut equates to 14,044,998%. For comparison, the S&P 500 is up about 41% over the same period.
To put this mammoth increase into perspective, imagine you had the wherewithal, stomach, and luck to invest $100 into SHIB on Aug. 1, 2020, at the above-stated price and held for the past 15 months. Your $100 investment would now be worth (drum roll)...$14,045,098. Yes, over $14 million! This would firmly place you in the top 1% of the wealthiest American households, which has a cutoff of around $11 million.
How exactly does a $100 investment turn into a $14 million moonshot in 15 months? Let's take a closer look.
https://www.fool.com/investing/2021/11/04/invested-100-in-shiba-inu-15-months-how-much-now/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
How do you know which new cryptos are supported by block chain?