Committing $100 monthly into Shiba Inu over the next 20 years could yield substantial returns if SHIB eliminates two zeros from its price and soars to $0.001.
Recall that Shiba Inu reclaimed $0.000013 on July 10—its first time above that level since June 11. Following the recent price surge, many have been fantasizing about how much they could earn from Shiba Inu if the asset reaches a lofty target of $0.001 in the next few years.
SHIB to $0.001 Prediction
Analysts such as Crypto Sheriff and LuckSide Crypto have predicted Shiba Inu’s potential surge to the $0.001 mark. In October 2024, Crypto Sheriff stated that Shiba Inu had broken out of a descending triangle chart pattern–a move he projected would push its price to $0.001.
LuckSide Crypto, on the other hand, suggested that factors like increased whale activity and minimal upside resistance will propel SHIB to the $0.001 region. Earlier this month, we speculated that SHIB could clinch the $0.001 target by August 2042 if its price increases 30% annually.
In the meantime, Shiba Inu is trading far from the $0.001 target, as its price currently hovers around $0.0000134. Hitting the $0.001 target would require Shiba Inu to soar 7,362% from its current level. Assuming Shiba Inu maintains a supply of 589 trillion tokens, its market cap will increase to $589 billion.
Worth of $100 Shiba Inu Monthly Investment Over 20 Years If Price Reaches $0.001
We examined the potential returns of investing $100 per month into Shiba Inu over 20 years if its price ultimately reaches $0.001 sometime in the future. Investing $100 monthly in Shiba Inu for 20 years, or 240 months, will result in a total investment of $24,000.
Assuming Shiba Inu’s price remains stable around the $0.000013 price level, a monthly investment of $100 (totaling $24,000 over the next 20 years) will fetch 1,846,153,846 (1.84 billion) SHIB tokens.
If Shiba Inu eventually clinches the $0.001 price target, these 1.84 billion tokens will be worth roughly $1.84 million. It is highly unlikely that SHIB will remain stable around the $0.000013 region in the next 20 years or 240 months.
There is a likelihood that the price of SHIB will fluctuate heavily over the next 20 years. As a result, each $100 purchase will buy fewer SHIB when the price rises above $0.000013 and more tokens whenever the price falls below that level. However, the rationale behind DCA helps to smooth out volatility over the long run.
The major question revolves around whether Shiba Inu can eventually hit the $0.001 target in its lifetime. Hitting the $0.001 price target would drive Shiba Inu’s market cap to $589 billion, surpassing the current valuation of Ethereum.
Meanwhile, some experts believe that Shiba Inu will only soar to lofty targets like $0.001 if it experiences widespread adoption and hefty burns.
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.
