Can Shiba Inu Reach $0.001 in 2024?
Over the long run, the stock market is a seemingly unsurpassed wealth creator. The S&P 500 has been delivering an average annual total return, including dividends paid, of roughly 10% for decades. But when examined over a much shorter time frame, cryptocurrencies have run circles around Wall Street.
The real-world potential for blockchain-based innovation has helped propel the aggregate value of all digital currencies from a coronavirus low of $141 billion to nearly $1.06 trillion, as of earlier this week. For those of you keeping score at home, this is a staggering 649% increase in value in just a 30-month stretch.
But for highly popular meme cryptocurrency Shiba Inu (CRYPTO: SHIB), a 649% gain would just be a good day at the office.
Source Fool.com