Shiba Inu investors aiming to reach a retirement goal of $5 million must hold substantial amounts of SHIB and wait for significant price appreciation.
Number of SHIB Needed to Attain $5M Retirement Goal
Reaching a $5 million retirement target with SHIB hinges on both the size of your holdings and the extent of its price appreciation. Here is how you can achieve this milestone with 100 million, 500 million, and 1 billion SHIB holdings.
With SHIB currently trading at $0.00001181, holdings of 100 million tokens, 500 million SHIB, and 1 billion tokens cost around $1,081, $5,405, and $10,810, respectively.
Price SHIB Must Attain for 100M, 500M, and 1B Tokens to be Valued at $5M
Depending on the size of your SHIB holdings, the price of SHIB must soar dramatically to lofty targets in order to clinch the $5 million retirement goal.
Specifically, a holding of 100 million SHIB will be worth $5 million when SHIB’s price soars to $0.05. For the 500 million and 1 billion SHIB holdings, the price must reach estimated targets of $0.01 and $0.005, respectively.
When Can SHIB Hit $0.005, $0.01, or $0.05
From the current price of $0.00001081, Shiba Inu must spike 46,153%, 92,406%, and 462,434% to hit the $0.005, $0.01, and $0.05 targets.
These estimated price targets have featured prominently in several Shiba Inu-related forecasts.
As reported earlier, two prominent Bitcoin investors, Jason Williams and Yazan XBT, predicted that Shiba Inu’s price will soar to $0.05 by the end of the year. However, the Telegaon prediction platform speculated that the $0.05 forecast will not materialize until 2040, 15 years from now.
Notably, Shiba Inu’s marketing lead, Lucie, suggested that it is likely that SHIB would hit the $0.01 target in the future, urging investors to exercise patience. Telegaon pegged a timeline for when the $0.01 target will materialize, indicating that it would happen between 2036 and 2039.
For the $0.005 target, the Crypto Basic previously reported that Changelly analysts expect it to materialize by 2040. Telegaon projects that SHIB will hit the $0.005 price milestone in the next 11 to 14 years.
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.
