With Shiba Inu’s recent price crash, we outline how much SHIB an investor would have to hold to earn $1 million if the price surged to $0.00003, $0.0003, or $0.003, respectively.

Shiba Inu has been on a downward trend since it surged to around $0.000045 in March 2024. On July 5, the coin fell below $0.000013 for the first time in four months.

Although SHIB has surged 16.41% to $0.00001545 in the past 24 hours, it is still down 65.66% since its peak of nearly $0.000045 in March.

While many investors are frustrated by Shiba Inu’s recent plunge, others see the price crash as an opportunity to buy tokens at a discount. Most of these investors are looking to increase their modest investment in Shiba Inu to at least $1 million.

These investors are optimistic that they will become millionaires if SHIB could surge to its high targets like $0.00003, $0.0003, and $0.003.

Therefore, we analyzed how many SHIB tokens you would need to buy today to get a $1 million return if SHIB ultimately reaches its targets of $0.00003, $0.0003, and $0.003.

If the price reaches $0.00003, SHIB needs to earn $1 million

It is worth noting that Shiba Inu would have to surge 94.17% from its current price to reach the $0.00003 target. In other words, if SHIB surges to $0.00003, becoming a millionaire would require an investor to hold 33,333,333,333 (33.33 billion) SHIB until the price target is achieved.

The good news is that due to Shiba Inu’s recent drop, investors can purchase tokens at a discount. At the current price of $0.00001545, investors can purchase 33.33 billion tokens for $515,000.

If SHIB eventually reaches $0.00003, then 33.33 billion tokens purchased today for $515,000 would be worth $1 million.   

If the price reaches $0.0003, SHIB needs to earn $1 million

To reach the $0.0003 target, an increase of 1,841.74% from current levels is required. Since the $0.0003 target requires such a significant increase, investors would need fewer tokens to reach millionaire status if the prediction comes true.

To make $1 million if the price of SHIB reaches $0.0003, an investor would need 3,333,333,333 (3.33 billion) tokens. At current prices, these tokens would be worth $51,500. Therefore, an investment of $51,500 in Shiba Inu today would be worth $1 million if the price surges to $0.0003.

Amount of SHIB needed to become a millionaire if the price reaches $0.003

The $0.003 target is more ambitious and would require an increase of 19,317.48% from the current price. To become a millionaire at $0.003 per token, an investor would have to hold 333,333,333 (Three Hundred and Thirty Three Million) SHIB.

SHIB is currently trading at $0.00001545, with 333.33 million tokens priced at $5,150. It is worth noting that if the price surges to $0.003, 333.33 million SHIB tokens purchased today at $5,150 would be needed to become a millionaire.

While the above predictions may seem tempting, it is important to recognize the uncertainty inherent in the crypto space. Shiba Inu is not guaranteed to reach any price targets in the near term.

Still, Shiba Inu is no stranger to massive price increases. The token showed its strength during the 2020/2021 market cycle, surging from $0.00000000008165 on September 1, 2020, to an all-time high of $0.00008845 on October 28, 2021.