As Shiba Inu maintains a price above the $0.000025 mark, here is how much an investor needs to make $1 million if SHIB ever reaches $0.00015 and $0.0052.
Shiba Inu has also faced the turmoil observed in the broader market. However, while it has given up the psychological support levels at $0.00004 and $0.00003, SHIB has shown resilience above the $0.000025 price territory, hedging against any drops below it.
The Crypto Basic recently reported that Shiba Inu is about to retest the $0.000025 zone amid the persistent downturn it has observed. Nonetheless, should this occur, it would lead to a more bullish outcome, as SHIB would likely leverage the $0.000025 support as a launchpad to higher price points.
Market participants and analysts have presented multiple targets for when this breakout materializes. Some of these projections involve a rally to $0.00015 and the more audacious $0.0052. Hitting these price targets would lead to new all-time highs for Shiba Inu.
Expectedly, the prospect of witnessing price points such as these has resulted in increased optimism among investors. As a result, multiple whale addresses have continued to accumulate more SHIB tokens at the current discounted prices.
SHIB Needed to Make $1M if Shiba Inu Hits $0.00015 or $0.0052
With these ambitious price levels in mind, some investors speculate the amount required at current prices to reach a $1 million investment if Shiba Inu clinches them. Notably, SHIB would need to rally by as much as 447% from its current price of $0.00002739 to reach $0.00015.
At the $0.00015 price, an investor would need to hold 6.6 billion SHIB tokens to sit on $1 million. These 6.6 billion tokens are currently worth $182,599 at Shiba Inu’s present price, presenting an astute opportunity for a purchase at a massive discount. Such an investment would yield a profit of $817,401.
Meanwhile, for investors looking to see their holdings skyrocket to $1 million when Shiba Inu reaches the $0.0052 level, they would need to procure 192,307,692 (192.3 million) SHIB. These 192.3 million tokens are currently worth a discounted price of $5,267, presenting an opportunity for a $994K+ yield.
Can SHIB Reach These Targets?
While the prospect of these yields seems enticing, it is important to note that a price increase to any of these targets is not a guarantee. There are currently divided opinions on the possible timelines for these targets.
For instance, Changelly analysts expect SHIB to reach $0.00015 in June 2028, predicting $0.000151 to be its maximum price in this month. In addition, the analysts see SHIB clinching $0.0025 in April 2040, in the next sixteen years. Nonetheless, these projected timelines remain speculative.
DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
