Shiba Inu reaches the price of $0.00769, investors will have to invest a lot of money at its current price to make millions of dollars.
Shiba Inu (SHIB) has stayed strong even though the overall market has been merging and not doing so well, especially after a big market drop that happened last month.
During this tough market period, Shiba Inu’s price fell below $0.00001 and $0.000009, dropping to $0.00000843 on January 23. But, the price quickly went back up over $0.000009 and has stayed above that level this year.
As of now, Shiba Inu’s price is $0.00000913, which is a 0.88% increase from yesterday. Despite challenges, there are high hopes for its value, with some predicting it could rise to $0.00769.
How Much Needed to Make $5M or $10M if SHIB Hits $0.00769
The Crypto Basic looked into how much money someone would need to invest to make millions if SHIB reaches its unlikely goal.
People who invest in the market, both experienced and new, keep looking for a chance to make millions with SHIB.
These investors are hopeful because Shiba Inu has quickly increased in value before, and they see this as a reason to believe it will do well.
It’s important to say that it’s not sure if SHIB can have big price increases again in the future, because what happened before doesn’t mean it will happen again.
If an investor wants their investment to grow to $5 million if Shiba Inu reaches $0.00769, they must have 650,195,058 tokens. Right now, at a price of $0.00000913 per token, these tokens are worth only $5,936.
If Shiba Inu’s price hits $0.00769, someone needs to own 1.3 billion SHIB to make $10 million. Right now, buying these coins costs $11,872. This would mean making a profit of about $9.98 million, which is an 84,131% return on the investment.
Can Shiba Inu Reach $0.00769?
The big question is whether Shiba Inu can reach a price of $0.00769. To do this, its value needs to increase by more than 84,000% from where it is now. Even though it has gone up a lot before, the amount of Shiba Inu coins available makes it hard to do this again.
However, the crypto exchange Changelly has already set a timeline for when they think the price of SHIB will go up.
Experts at Changelly think that in 16 years, the Shiba Inu cryptocurrency might have an average value of $0.007399. They also say its highest value could be $0.008299 in 2040, which is 7.9% more than their expected price of $0.00769.
Disclaimer: The information on this website isn’t meant to be taken as advice for investing money. Investing involves uncertainty, and there’s a chance you could lose your money when you invest.
