CandleFocus

Expert Argues Buying Millions of Shiba Inu Can Still Make You a Millionaire

Crypto pundit Lola believes that investing in Shiba Inu (SHIB) presents a better opportunity for investors to become millionaires in the upcoming bull run compared to Dogecoin (DOGE). Lola argues that the opportunity to buy millions of DOGE at low prices and potentially become millionaires has ended, while SHIB still offers this possibility. Lola's analysis suggests that a $1,000 investment in SHIB could result in 73.8 million tokens, which would be worth $1 million if SHIB's price reaches $0.013550. In contrast, the same investment in DOGE would only yield 9,615 tokens, valued at $1 million if DOGE's price reaches $104. Both SHIB and DOGE would need to surge 99,900% to reach these price targets. Despite DOGE's past success and popularity, experts believe that SHIB has a better prospect of enriching investors in the next bull run due to its vibrant ecosystem and projects, as well as ongoing supply reductions via burns. Additionally, DOGE's price surges often rely on comments from Elon Musk, while SHIB's growth potential is seen as more self-sustaining. The future performance of both tokens in the next bull run remains uncertain.

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