We have highlighted how many Shiba Inu tokens you need to own to become a millionaire when the SHIB price hits $0.0001.
Despite Shiba Inu’s recent low performance, many investors are confident that the canine-themed token has what it takes to help them become millionaires.
It bears mentioning that Shiba Inu had previously demonstrated its ability to transform average-income earners into overnight millionaires. This was reflected in the 2021 rally that saw the price of SHIB surge to an all-time high of $0.00008616.
Early investors benefited massively from this tremendous rally. However, new investors who missed out on the rally are seeking to become millionaires from their Shiba Inu investment if the price increases to $0.0001.
Shiba Inu Price Surges 1.7% in 24 Hours
At the time of writing, Shiba Inu was changing hands at $0.00000831, up 1.7% over the past 24 hours. The token has been trading with five zeros after its decimal since August 16, 2023.
Market analysts have been speculating that the asset price will surpass its previous high of $0.00008616 in the upcoming bull run.
According to these market experts, Shiba Inu could surge to $0.0001 as the cryptocurrency continues to shred its memecoin title by introducing utility projects like Shibarium.
Shiba Inu Needed to Become a Millionaire
For Shiba Inu to hit the $0.0001 mark, the cryptocurrency will need to rally 1,203% from its current price. If Shiba Inu successfully hits the $0.0001 price, here is the number of tokens you need to own to become a millionaire.
To become a millionaire when the SHIB price hits $0.0001, an investor would need to own at least 10 billion units of Shiba Inu tokens.
With Shiba Inu changing hands at $0.00000831, investors can easily acquire these tokens for a discount. At the current price of $0.00000831, you can get 10B Shiba Inu tokens by investing $83,100 today.
It is worth mentioning that crypto investing is risky, as there is no guarantee that Shiba Inu would ever rally to $0.0001.
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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