Can Shiba Inu Ever Reach $0.01?

Over the very long run, arguably no asset class has helped people generate wealth quite like the stock market. Even though stocks don't go up every year, the average annual return of the equity market is higher than other asset classes, such as gold, bonds, and housing.

But it's an entirely different story if you narrow the lens. Since the pandemic bottom 26 months ago, cryptocurrencies have run absolute circles around the stock market. Even with the value of the crypto market declining nearly 60% from its all-time high, the aggregate value of digital currencies has soared more than $1.1 trillion, or 806%, since hitting its pandemic valuation bottom.

Since Bitcoin and Ethereum account for nearly 64% of the $1.28 trillion in total crypto market value, they're often attributed with leading this charge higher. However, its ultra-popular meme coin Shiba Inu (CRYPTO: SHIB) that's played a critical role in driving new investors into the space.

Source Fool.com