28 Million percent increase in a year

This may be hard to believe, but if you invested 1 Dollar U.S. in the SHIBA INU coin last year, you’d today have made a profit of 28,067,560.55% – that is correct, over 28 MILLION percent.

This particular coin was wonderful for those with very little to invest, less than 6 months ago, in March 2021, its value was 0.00000002 so a $10 investment would have got you 500,000,000 (5oo million) coins.

Today it has an amazing value of .00002930, it has moved from 7 zeros after the decimal to only 4. Why so low a coin value? It’s all about the supply created. Originally they created a supply of 1 quadrillion coins. They have since done a couple of large burns, but still, the circulating supply today is 394.8 Trillion coins.

Do you know how much Bitcoin (BTC) was worth when it started in 2009? Only $0.0009 – meaning you could get 11 BTC for just less than a single penny! Today it is worth about $55,000, that 1 penny would be worth over $600,000 today.

When Bitcoin started there wasn’t really a price for it since no one was willing to buy it. The first time Bitcoin actually gained value was on October 12, 2009, when Martti Malmi, a Finnish developer that helped Satoshi work on Bitcoin, sold 5050 Bitcoins for $5.02. This gave 1 Bitcoin the value of $0.0009.

So what’s the take-away? It pays to invest long term when it comes to a cryptocurrency. New coins take a while to get adopted, usually a year (or two), but once they are accepted they then shoot into the stratosphere with gains in the thousands of percent for the following year. Coins or Tokens with no utility won’t generally survive long enough to be adopted, but those that have a real-world use, and a persistent attitude by the Founders, almost certainly will.

This is the plan for the SPADES Token. We see no reason to rush out and try to become an overnight sensation. SPADES has a true utility, and with the current shift towards remittances being done in crypto, it’s the developing nation’s users that will probably adopt crypto in mass before the first world users. Capgemini says nearly half the world will be using cryptocurrencies to send remittances by 2023 (see article here). Remittances mean developing world users will adopt in mass first since they are the receivers of remittances. SPADES is perfect for that, and we expect to be in the process.

SPADES was built to provide a sustainable economic model for the unbanked, poor, and developing world users. Our platform goes beyond just allowing them to receive funds (remittances), it actually gives them a way to earn themselves, along with a viable global barter credit backed by a cryptocurrency, the SPADES Token.

Those who think crypto is a fad, are very short-sighted, and they will be left behind. Most new cryptos won’t increase in value by 28 million percent, but they do rise in value on average (if a viable one) far more than any other investment. The smaller altcoins, especially if you get in early, have the greatest potential for gain, you just have to be patient while they incubate.

Not wanting to make any unsupported suppositions, here are a few examples from the past year alone of cryptos, and the percentages they have gained:

Terra (Luna): +12,704.71%
Dogecoin: +8,594.58%
Solana: +6,110.41%
SHIBA INU: +25,023,860.13% – Over 25 million percent!
Cardano: +1,981.70%
Binance: +1,331.95%
Ripple (XRP): +351.81%

Are you ready to join the crypto revolution? For more information, join our Crypto For Beginners group in the SPADES Community.

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