The post Expert Argues Buying Millions of Shiba Inu Can Still Make You a Millionaire appeared on BitcoinEthereumNews.com.

Crypto pundit Lola says investors can buy millions of Shiba Inu (SHIB) at low prices to become millionaires in the bull run, arguing that this opportunity with Dogecoin (DOGE) ended a few years ago.  Lola made the assertion yesterday, highlighting Shiba Inu’s potential to turn investors into millionaires in the next bull run.  According to Lola, the opportunity to purchase millions of Dogecoin (DOGE) at lower prices and potentially become millionaires in the next bull run ended a few years ago. However, the expert recommended that investors can currently acquire millions of SHIB at lower prices to become millionaires in the upcoming bull run.  Shiba Inu Has Good Buy Opportunity Than Dogecoin  Lola’s comment suggests that Shiba Inu provides a better investment opportunity to enrich investors in the upcoming bull run compared to Dogecoin. However, this remains an assertion. Per her analysis, people can accumulate millions of Shiba Inu at lower prices, but the same cannot be said for Dogecoin. To put this into perspective, a $1,000 investment in Shiba Inu at the current price of $0.00001355 would fetch an investor 73.8 million SHIB. Conversely, the same $1,000 capital can only purchase 9,615 DOGE at the $0.1040 current price.  The 73.8 million Shiba Inu tokens will be worth $1 million if SHIB’s price hits $0.013550. Similarly, the 9,615 DOGE tokens will be valued at $1 million when the price of DOGE reaches $104. Both Shiba Inu and Dogecoin’s price would need to surge 99,900% to hit the $0.013550 and $104, respectively. Dogecoin Vs. Shiba Inu Comparison It bears mentioning that both assets recorded impressive rallies during the 2020/2021 bull run. While Dogecoin hit a peak price of $0.7376 on May 8, 2021, Shiba Inu reached an all-time high of $0.00008845 on October 28, 2021.  Several market watchers have compared the…

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Filed under: News - @ September 10, 2024 12:20 pm