#Here's how much $100 invested in Shiba Inu on Jan. 1, 2021 would be worth now On Jan. 1, 2021, Shiba Inu tokens were trading hands at a price of $0.000000000077, and today they trade at about $0.00000886.That's a gain of 14,467,432%. In dollar terms, had you invested $100 on Jan. 1, 2021 and held on until today, you'd be sitting on an absolute fortune worth almost $14.5 million.But believe it or not, that'safterShiba Inu tokens plunged in value by 87%. If you had a crystal ball and sold your tokens on Oct. 28, 2021, when Shiba Inu hit an all-time high price of $0.00008841, you'd have cashed in a mind-boggling $114.8 million!Where might Shiba Inu head next? Despite a broader crypto comeback so far in 2023, I'd still bet that over the long term Shiba Inu's trajectory is to the downside. That's because it has very little utility, and the initiatives developers are working on at the moment probably won't generate enough widespread adoption to move the needle. When it comes to the potential for another life-changing rally, Shiba Inu might be more bark than bite.
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