From Nasdaq: 2024-04-29 14:55:28

At the Berkshire Hathaway annual meeting, Warren Buffett criticized Bitcoin, stating it has no intrinsic value. He would pay $25 billion for a stake in farmland or apartments but not Bitcoin. However, cryptocurrencies like Shiba Inu have made millionaires, with a $1,000 investment in 2020 now worth millions.

Shiba Inu, created in 2020, competes with Dogecoin and uses the Ethereum platform. It has 1 quadrillion coins in circulation. A $1,000 investment in Shiba Inu in August 2020 would now be worth over $24 million. The coin is accepted by retailers like AMC and can be traded on exchanges like Coinbase.

Despite its success, buying Shiba Inu comes with risks. With thousands of cryptocurrencies available, some believe Shiba Inu lacks value or a clear purpose. While the potential for growth is there, caution is advised as the crypto world is unpredictable. Always remember, “Caveat emptor” – let the buyer beware.

Read more at Nasdaq: If You Invested $1,000 in Shiba Inu Crypto in 2020, It Would Be Worth $24 Million Now