Here’s What You’d Make If Shiba Inu Hits $0.0001 or $0.001 and You Hold 250M SHIB

A holding of 250 million Shiba Inu tokens procured for a small amount today could rally significantly if SHIB’s price rises to $0.0001 or $0.001 in the future.  

The $0.0001 and $0.001 predictions have resurfaced in the Shiba Inu community, sparking significant discussions among investors. These discussions center on whether SHIB could reach the targets. 

Shiba Inu Predictions to $0.0001 or $0.001 

At the moment, there are divergent views regarding the $0.0001 and $0.001 Shiba Inu predictions. Notably, some critics believe that Shiba Inu would not experience any significant rally that could take its price to audacious targets like $0.0001 or $0.001. 

However, most analysts believe that the best is yet to come for Shiba Inu. They project that SHIB will surpass the $0.0001 and $0.001 targets and eventually clinch ambitious ones like $0.01.  

SHIB to $0.0001 Forecasts

The $0.0001 forecast is more conservative than the $0.001 target. It translates to a moderate growth of 725.08% from the current price of $0.00001212. 

Should Shiba Inu clinch this target and its supply remains at 589.5 trillion tokens, its market cap would rise to $58.95 billion from the current $7.14 billion valuation. Recall that Shiba Inu came close to hitting the $0.0001 target in October 2021. 

However, Shiba Inu could not maintain its momentum after registering an all-time high (ATH) of $0.00008845 on October 28, 2021, as its price plunged dramatically afterward. Interestingly, several proponents still believe that Shiba Inu will revisit the $0.0001 target in the near future. 

Last month, BITfinity, a pseudonymous TradingView analyst, speculated that Shiba Inu was on the verge of soaring to the $0.0001 mark as it approached a breakout from a multi-year symmetrical triangle. 

Additionally, pseudonymous analyst “Capt. Parabolic Tobleron” relied on the Elliott Wave structure, an advanced technical analysis toolkit, to predict Shiba Inu’s potential rise to $0.0001. 

However, a prediction from Himanshu Maradiya, as highlighted by Forbes, suggests that Shiba Inu would clinch the $0.0001 target this year. In contrast, Telegaon expects the $0.0001 prediction to materialize by 2027, with SHIB projected to reach a maximum target of $0.000198 by the end of 2027. 

$0.001 Prediction 

On the other hand, the $0.001 price forecast is a more ambitious price target for SHIB, as it demands a surge of 8,150% from the current price. If the prediction comes true, Shiba Inu could have a market capitalization of $589.5 billion. 

Last year, prominent crypto YouTuber LuckSide highlighted several factors, including increased whale activity, as potential catalysts for SHIB’s surge to $0.001.  

In March, the Crypto Basic estimated that Shiba Inu could hit the ambitious $0.001 mark by 2031 if SHIB’s price soars 100% yearly. However, Telegaon predicted that Shiba Inu would wait another four years before it would eventually hit the $0.001 mark by 2035. 

Value of 250M SHIB at $0.0001 or $0.001 

Hitting the $0.0001 or $0.001 price targets would bring in substantial gains for early Shiba Inu investors, particularly those who hold roughly 250 million SHIB tokens. At the current price, holding 250 million SHIB tokens costs approximately $3,030. 

This 250 million SHIB portfolio, currently valued at around $3,030, could potentially blossom into $25,000 if SHIB reaches the $0.0001 target or $250,000 if the $0.001 prediction materializes. 

Numerous addresses are holding 250 million Shiba Inu tokens. Popular blockchain analytics platform IntoTheBlock categorizes them among wallets with balances ranging from 100 million to 1 billion SHIB. 

According to the data, around 71,590 addresses hold between 100 million and 1 billion SHIB. They represent approximately 4.9% of Shiba Inu’s on-chain addresses.