Dogecoin (CRYPTO: DOGE) has been the darling of numerous celebrities, including Hollywood stars, music icons, and even billionaire entrepreneurs like Elon Musk.
However, self-proclaimed ‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) has quietly caught the attention of a few notable figures, including Antonio Brown, a former professional football player.
Brown, on May 13, 2021, boldly declared SHIB as the next Dogecoin with the potential to skyrocket. At that time, SHIB was trading at $0.000019 per coin.
"Shiba is the next Dogecoin, Bout to Moon again!" he tweeted.
Why It Matters: Fast forward to the present, with SHIB’s current trading value standing at $0.000007288, let’s examine the potential outcomes for an investor who put $100 in Shiba Inu today and if it reaches the levels when Brown first made his statement.
Considering the current price, a $100 investment in SHIB would yield a profit of $160.70 (160.7%), making the total exit value amount to $260.70.
Join Benzinga’s Future of Digital Assets in NYC on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now!
Photo by Tennessee Titans on Shutterstock