Shib's market value has doubled today, which is very difficult, Marvin is your best choice, strong community, strong narrative, Musk concept, just waiting for Musk's shout.
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Want to become a SHIB millionaire? See how much you need to invest
#加密市场反弹
Want to become a SHIB millionaire? Then you need to check this out.
If you want SHIB to rise by 115% or 200%, you need to throw in $465,000 or $334,000 respectively to turn it into $1 million.
If you use 5x or 10x leverage, you can reduce that amount even further, to just $94,000 or $34,000.
Right now, everyone is still very enthusiastic about trading meme coins, especially in 2024, the stories about meme coins are extremely popular.
So how much SHIB do you need to buy to become a millionaire?
Many analysts are hoping for a market rebound in early 2025. They say that summer might take a breather, and then there will be another rise in the third and fourth quarters of 2025.
If they are correct, and SHIB can rise to the March peak of $0.00004567, or the 2021 peak of $0.00008854, that would mean an increase of 115% or 315%.
If SHIB doesn’t reach the 2021 peak, we need to find a more conservative target.
According to the Fibonacci trend tool, from the September low to the March high, the next key point might be $0.00006958, which could yield a 200% profit.
So, if SHIB can rise by 115% to the March high, or 200% to that Fibonacci level, how much do you need to invest to become $1 million?
Now the price has rebounded from the trend line support (the white line) to $0.00002205, and to become $1 million, you don’t need $500,000 anymore. If you want to earn 115%, you need to throw in $464,799 now.
If SHIB rises by 200%, then $333,102 will be enough. These calculations are all based on the spot market without leverage.
In the futures market, if you dare to use 5x or 10x leverage, you can reduce that amount further, to around $93,000.
However, these calculations do not account for trading fees, slippage, and liquidation risks. If the market doesn’t play along, these risks could cause you to lose more, even everything.
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Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.