Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
You may, at some point, have heard or seen the term ‘FOMO’. In case you don’t know what it means, it’s an acronym or abbreviation which stands for ‘Fear Of Missing Out’, i.e., a fear of not being included in something that others have experienced. This includes fear of missing out on riches that others have made by investing early in something which blew up and made a fortune for its early adopters. If you had invested just $100 in Bitcoin in July 2010, you would have been worth nearly $8 billion by the start of this year. So many people regret not buying Shiba Inu when it was launched. However, the chance of riches is calling again with Chronoly (CRNO).
“Meme coin” Shiba Inu was first released on 1st August 2020 for trade on a few cryptocurrency exchanges, with an opening price of $0.00000000051 per token. If you had invested just $100 dollars in this new Shiba Inu coin and held onto it for just 15 months until November 2021, your original $100 stake would have been worth a little over $14 million. No, that is not a typo. $14 million. Bear in mind that the Shiba Inu price never reached as high as even 1 cent.
Shiba Inu has declined steadily since its all-time high and your $14m, assuming that you did not cash it all in, would have been considerably whittled down by now. Most analysts seem to think that Shiba Inu is still a worthwhile investment whose value may increase over time. But it is unlikely that it will ever experience the rate of growth that it did in its first 15 months.
Chronoly (CRNO) was rolled out on the world stage in early May 2022 and is still in the presale stage, though it has now reached Phase 2.
Read more on cryptonews.com