This article evaluates how much a Shiba Inu investor would need to rake in $50,000, $100,000 or $250,000 in profit if SHIB reaches lofty targets such as $0.0065, $0.02 or $0.19.

Shiba Inu is currently flirting with its 50-day exponential moving average (EMA) at $0.00002486, currently trading for $0.00002470 amid the ongoing market uncertainty. SHIB is currently down 19.68% this month, but optimism among market watchers remains high.

As a result, price projections to audacious targets have prevailed despite SHIB’s current downward trajectory. One of the catalysts behind the sustained confidence is Shiba Inu’s ability to close last month with an impressive 144.75% increase, holding firm above $0.000030.

With these ambitious price projections flooding into the market, investors have continued to ponder on what they need to reach certain investment targets if XRP clinches any of these price levels. The Crypto Basic decided to evaluate these projections, with investment targets bordering on $50,000, $100,000 and $250,000.

How Much Needed to Make $50K, $100K and $250K if Shiba Inu Hits $0.0065

Two weeks back, The Crypto Basic revealed that Shiba Inu could eventually reach the $0.0065 price level after the Bitcoin halving if history repeats itself. For context, SHIB spiked 303,581% from February 2021 following the 2020 halving. After the latest halving, if it captures 10% of this rally, about 30,385%, its price could hit $0.0065.

Should this occur, an investor would need to hold 7,692,307 (7.69 million) SHIB to sit on a $50,000 investment. These 7.69 million tokens are currently worth a mere $190. In addition, at the $0.0065 price, 15.38 million SHIB, currently valued at $380, would yield $100,000.

For investors looking to secure greater profits, especially at the $250,000 mark, they would need to commit a greater initial capital. Notably, if Shiba Inu reaches $0.0065, those seeking to see $250,000 would need to hold 38,461,538 (38.46 million) tokens. These tokens can be procured for $950 at current rates.

How Much Needed to Make $50K, $100K and $250K if Shiba Inu Hits $0.02

Earlier this month, The Crypto Basic spotlighted a report from crypto exchange platform projecting timelines for Shiba Inu to reach $0.0002, $0.002 and $0.02. According to Changelly analysts, SHIB could reach $0.02 by December 2040, essentially 24 years later.

If this materializes, investors eyeing various profit margins must strategize accordingly. For those aiming for a $50,000 gain, they would need to hold 2.5 million SHIB, entailing an initial investment of around $61 based on current prices. 

Achieving a $100,000 return would necessitate doubling that amount, totaling 5 million. SHIB. This equates to $123 at present rates. Meanwhile, to hit the $250,000 mark, investors would need a substantial investment of about 12.5 million SHIB, worth $308 at prevailing rates.

How Much Needed to Make $50K, $100K and $250K if Shiba Inu Hits $0.19

It bears mentioning that Shiba Inu recorded a massive 884,400% rally from January to October 2021 shortly after the Bitcoin halving of that year. This rally saw it hit $0.00008845. If it replicates this trajectory following the latest halving, it could reach $0.19, according to a report from The Crypto Basic. 

In this scenario, the investment landscape shifts significantly. Investors targeting a $50,000 profit would require a meager 263,157 SHIB, commanding an initial investment of approximately $6.5.

Doubling the investment for a $100,000 return would entail holding 526,315 SHIB, reflecting an initial investment of roughly $13 at current market rates. Finally, to reach the coveted $250,000 mark, investors would need a notable 1,282,051,282 SHIB, which would translate to an investment of approximately $250,000.

In essence, as Shiba Inu’s token value escalates, investors must adapt their investment strategies to meet their desired profit targets. However, it is important to note that these targets are highly audacious, and SHIB might never reach them. As a result, these projections should not be considered investment advice.

Despite a broader market onslaught that wreaked havoc on major cryptos this week, Shiba Inu still ended the week with double-digit gains. 

Shiba Inu’s performance over the past week placed it on the leaderboard of CoinDesk and Robinhood in terms of crypto assets with the most bi-weekly and weekly gains, respectively.

Shiba Inu Secures First Position in Robinhood’s Top Gainers List 

According to an X post yesterday, Shiba Inu ranked in first position among the top 10 crypto assets with the most weekly gain on the trading platform. The accompanying screenshot shows that Shiba Inu ended the week with an 11% gain. 

This double-digit gain helped Shiba Inu to outperform other crypto assets in the list, including Litecoin (LTC), Chainlink (LINK), Aave (AAVE), Ethereum Classic (ETC), Tezos (XTZ), Uniswap (UNI), Ethereum (ETH), Stellar (XLM), and Compound (COMP).

GM 🫡 #ThisWeekInCrypto

See the full list of crypto available here: https://t.co/B41xoSGKG8 pic.twitter.com/RrQT8qTzJm

— Robinhood (@RobinhoodApp) April 26, 2024

SHIB Ranks Second in CD20 Leaderboard 

In a similar development, Shiba Inu also ranked among the top cryptos with the most bi-weekly gains on the CoinDesk 20 Index (CD20). 

The CD20 index is a tool that monitors the performance of 180 crypto assets across seven sectors over a two-week timeframe. The indicator issues a bi-weekly report highlighting the leaders and losers among the tracked crypto assets. 

In the latest edition of the report, Shiba Inu ranked second, boasting a bi-weekly gain of 13.6%. Near protocol (NEAR) was the only crypto asset that outperformed Shiba Inu in the CD20 leaderboard. NEAR achieved the feat after securing a 23.8% gain over the past two weeks. 

However, Shiba Inu outpaced other tokens in the leaderboard, including Polygon (MATIC), Uniswap, Chainlink, XRP, Litecoin, Ethereum, Polkadot (DOT), and Avalanche (AVAX). 

It bears mentioning that Shiba Inu ranked as a top performer in the past week, while most crypto assets like Bitcoin witnessed declines in the same timeframe. 

At press time, Shiba Inu was changing hands at $0.00002464, marking a 24-hour decline of 3.32%. The slight dip in Shiba Inu’s price comes amid an ongoing bloodbath in the crypto market. 

Andrew Kang, co-founder of Mechanism Capital, has suggested how meme coins like Shiba Inu may see a 100X expansion in their market cap.

Kang believes the 100X growth would be catalyzed by venture capitalist (VC) firms’ expanding interest in coins like Shiba Inu. The industry pundit expressed this view in a recent post on X following a revelation of the cryptocurrency holdings of some of the largest VC firms.

Specifically, the disclosure came from market intelligence platform Arkham. It presented data on the crypto portfolios of six VC firms, including Paradigm, Andreessen Horowitz (a16z), Symbolic Capital Partners, and Animoca Brands.

VC Firms’ Shiba Inu Holdings

Paradigm, which topped the chart, has a crypto portfolio worth over $425 million, though, per Arkham statistics, it does not hold Shiba Inu. Meanwhile, Shiba Inu makes a notable appearance in Symbolic Capital Partners’ digital asset portfolio. Besides stablecoins, SHIB comes right behind the investment firm’s Wrapped BTC and ETH holdings.

In particular, Symbolic Capital Partners holds 65.97 billion SHIB tokens, valued at $1.64 million at press time. This figure represents less than 1% of its $81.39 million crypto investment portfolio.

Meanwhile, investment firm SCP Ventures holds Shiba Inu tokens worth $1.6 million, accounting for 2% of its crypto asset portfolio.

Shiba Inu Cap Projected to 100X

While reacting to this data, Kang emphasized how institutional investors are finding meme coins like Shiba Inu appealing. He suggested their continued involvement would contribute to the next 10 to 100-fold increase in meme coin market cap increase. 

Kang envisioned this remarkable growth occurring incrementally, projecting institutional investors gradually allocating more of their portfolios to SHIB—from below 1% to 1%, 5%, 10%, and potentially even surpassing 15%.

Paradigm owns $2m SHIB

Institutional allocators will slowly move from

<1% to 1% to 5% to 10% to 15%+

This will drive the next 10-100x in memecoin market cap

But Kelly optimizing means max betting before that happens, not after https://t.co/FPlGK1noaC

— Andrew Kang (@Rewkang) April 25, 2024

SHIB Price with 100X Cap Growth

As of the latest update, Shiba Inu commands a market valuation of $14.61 billion, ranking as the 11th most valuable cryptocurrency. If its market capitalization were to increase tenfold, it would surge past $146 billion. Interestingly, crypto investor Jake previously argued Shiba Inu’s likelihood to attain a $100 billion cap this season.

However, envisioning a 100-fold growth would catapult this meme coin to an astonishing market cap of $1.46 trillion. Remarkably, this $1.46 trillion cap currently exceeds the market share of Bitcoin, the foremost cryptocurrency in the market.

Meanwhile, assuming SHIB’s market supply remains the same, a $1.461 trillion cap places Shiba Inu’s price at $0.00247, eliminating two zeros from its current $0.0000247 value.

Prominent crypto investor Jake Gagain has taken to X to reveal his personal experience with Shiba Inu (SHIB), highlighting his only regret about the doggy-themed token. 

In a recent X post, Gagain revealed that his initial Shiba Inu purchase was in April 2021, when the asset’s market cap was around $100 million. 

Although Gagain did not disclose the worth of his initial SHIB purchase, he expressed regrets over not purchasing more Shiba Inu tokens when the asset was valued at $100 million. 

I Bought $SHIB At A 100m Market Cap In April 2021.

My Only Regret Is Not Buying More.

— JAKE (@JakeGagain) April 22, 2024

Gagain’s regret reflects a similar sentiment among early crypto investors who, after experiencing significant return on their investment, wished they had invested more money to maximize their returns. 

Shiba Inu Journey to Fame 

As of April 2021, Shiba Inu had not garnered much attention among crypto enthusiasts. Notably, many investors expected it to fade away, given that it launched as a meme coin. The trend with most meme coins is to record a minimal surge and then fade to oblivion or get rugged.

When Gagain bought his first SHIB, the token was trading with multiple zeros after its decimal point. Considering Shiba Inu’s hefty supply of 1 quadrillion tokens, a $100 million market cap would put the price of Shiba Inu at $0.0000001. 

Shortly after Gagain bought his first SHIB tokens, Shiba Inu started seeing major developments and significant price upswings that attracted the interest of the broader crypto community. 

For instance, in May 2021, Ethereum co-founder Vitalik Buterin sent 410 trillion SHIB tokens to a dead wallet. The tokens were gifted to him by Shiba Inu’s pseudonymous founder, Ryoshi, as part of a marketing strategy. Notably, Ryoshi sent 50% of SHIB’s supply (500 trillion SHIB) to Buterin. 

While Buterin burned 410 trillion (90%) of the gifted SHIB tokens, he sent the remaining 10% to charities. Buterin’s engagement with Shiba Inu inadvertently put SHIB in the limelight, with many investors flocking to acquire the token. 

Additionally, top crypto exchanges, including Binance, also listed Shiba Inu in May 2021. The positive developments surrounding Shiba Inu at the time caused its price to spike, eventually reaching an all-time high (ATH) of $0.00008845 on October 28, 2021. 

At press time, SHIB is down 71.91% from its all-time high, with a unit trading at $0.00002476. Shiba Inu is currently ranked as the 11th-largest cryptocurrency, with a market cap of $14.57 billion.