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HomeCrypto NewsMarketHere’s How Much Shiba Inu You Need to Make $1M, $5M, $10M If SHIB Hits $0.001, $0.01 or $0.1

Here’s How Much Shiba Inu You Need to Make $1M, $5M, $10M If SHIB Hits $0.001, $0.01 or $0.1

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Shiba Inu (SHIB) enthusiasts have continued to ponder how much tokens they would need to make substantial gains if SHIB ever reclaims its ambitious price targets.

One of the primary factors contributing to this sustained hope is Shiba Inu’s historical performance, which turned a $12 investment in 2021 to $1 million. Investors who missed out on this initial rally continue to hope for a repetition, with price targets ranging from $0.001 to $0.1.

This article provides a comprehensive insight on the amount a market participant would need to hit investment targets such as $1 million, $5 million or $10 million should Shiba Inu reach any of the projected targets.

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Shiba Inu Needed For $1M, $5M, $10M at $0.001

Currently trading at $0.00000698, Shiba Inu has a long way to go to hit $0.001. However, this has not impacted investor confidence. For the asset to reach $0.001, it would need to skyrocket by a massive 14,226% rate.

If SHIB manages to reach $0.001, an investor holding 1 billion SHIB tokens would be sitting on $1 million. These 1 billion tokens can be acquired for approximately $6,980 at SHIB’s current price.

For a $5 million return at $0.001, an investor would need to hold 5 billion SHIB tokens, currently worth around $34,900. Securing $10 million would necessitate 10 billion SHIB tokens. These tokens are currently worth $69,800 against prevailing prices.

Shiba Inu Needed For $1M, $5M, $10M at $0.01

Reaching $0.01 would represent a significant milestone for Shiba Inu. SHIB would need to rally 143,166% to reach $0.01. This price point remains one of the asset’s most ambitious targets, with several community figures continuously championing it. 

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If Shiba Inu hits $0.01, an investor holding 100 million SHIB tokens would see a return of $1 million. These 100 million tokens currently go for $698 at SHIB’s current price. To rake in $5 million, an investor would need 500 million SHIB tokens, currently worth $3,490.

For those seeking a more substantial $10 million return when SHIB reaches $0.01, they would need to commit much more. Making $10 million at a SHIB price of $0.01 would require an investor to hold 1 billion SHIB tokens. These tokens are currently valued at $6,980.

Shiba Inu Needed For $1M, $5M, $10M at $0.1

Despite the ambitious nature of a $0.1 target, market watchers have not dismissed the possibility. Shiba Inu would need to surge by up to 1,432,564% to claim this lofty price position. Several community figures hold reservations regarding this target.

However, if SHIB manages to hit $0.1, an investor holding 10 million SHIB tokens would be sitting on $1 million. These 10 million tokens can be acquired for  $69.8 at SHIB’s current price. 

To see $5 million, an investor would need 50 million SHIB tokens. These tokens are worth $349 now. Meanwhile, to secure $10 million should SHIB reach $0.1, an investor would need 100 million SHIB tokens, currently worth $698. 

These figures illustrate the potential returns that SHIB can offer if it reaches these price points. However, it remains to be seen whether SHIB can reach these targets. Investors should seek financial advice from a professional before making investment decisions in the cryptocurrency space.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Author

Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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