š„š„Wall Street Analyst Buys Shiba Inu: Says She's Happy It's Outperforming Bitcoin
After Bitcoin rose above $ 65,000 this week, Wall Street Financial Analyst Linda Jones said on Twitter that the investment company is also buying tokens such as Shiba Inu, Dogecoin and Kaspa. The author of the financial personal development book '3 Steps to Quantum Wealth' has revealed that he is happy that Shiba Inu is outperforming Bitcoin in this ongoing bull run.
For those who don't know, the price of Shiba Inu has increased by almost 190% in the last 30 days, while Bitcoin has only increased by 52%. This is not the first time that SHIB has outperformed Bitcoin in the cryptocurrency market. In early 2023, Shiba Inu outperformed Bitcoin, Ethereum and the Nasdaq 100 Index, providing extraordinary profits to investors.
Jones, who is a strong proponent of Ripple's XRP, confirmed that the investment arm also owns Shiba Inu and Dogecoin. "Yes, I'm a big XRP fan. However, we are also investing in other cryptocurrencies within the scope of the 'Be Rich and Smart VIP Experience'. Three of our investments have been among the Top 10 Performing Companies since the beginning of the year. Dec. And it gives me great happiness that all of them have outperformed Bitcoin so far," he tweeted.
Shiba Inu: SHIB Will Make More Profit in 2024 Than Bitcoin, Ethereum and Dogecoin This Year
Investors who took an entry position into SHIB earlier this year saw their investments increase by close to 190%. March January 2024, a $10,000 investment in SHIB turned into $ 29,000 in March. This means a return on investment (ROI) of about three times the price invested in just two months.
For a realistic price forecast of when #SHIB may rise above the $0.01 milestone, read here. SHIB, along with Bitcoin, Ethereum and Dogecoin, continue to be the best performing cryptocurrencies of this year as well as in 2024. Another rise could push the price of Bitcoin above its all-time high of $69,044 and reach a new figure.
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