Did Shiba Inu Just Land Its First Major Merchant?

Dating back multiple generations, no investment vehicle has been a more proven wealth-builder than the stock market. Since the beginning of 1980, the average annual total return (i.e., including dividends) of the broad-based S&P 500 is over 11%, which trounces assets like housing, bonds, and gold.

But compared to select cryptocurrencies over the past couple of years, these returns are laughably small. This is especially true for the ultra-popular Shiba Inu (CRYPTO: SHIB), which has gained more than 11,000,000% since its debut day on Aug. 1, 2020.

Crypto investors have had an insatiable appetite for Shiba Inu-themed coins in 2021. Image source: Getty Images.

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Source Fool.com