What is the opportunity for SHIB to become a millionaire?
Recently, the SHIB market is experiencing a round of deep price adjustments, with a daily decline of 2.3%, a weekly decline of 4.1%, and a decline of nearly 17% in 14 days, with an overall month-on-month decline of 6.3%.
This pullback is closely related to the chain reaction of BTC falling below the $66,000 mark, and BTC's weakness may stem from investors' concerns that the US government may sell more than $2 billion in cryptocurrency assets.
In particular, the market generally speculates that the United States may follow the German government's move in early July and conduct a large-scale Bitcoin sell-off, which undoubtedly exacerbates market tensions. For SHIB believers, the current low price of SHIB is undoubtedly an entry opportunity worth seizing and a bet on future potential.
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What is the value prospect of SHIB?
Some optimists, such as researchers at Telegaon, predict that by 2030, the price of SHIB is expected to climb to $0.0007. By then, the one million SHIBs in your hands will be worth $700, an astonishing increase of about 4275%, which is undoubtedly a great gift for long-term holders.
Some analysts are more cautious. For example, Changelly predicts that the price of SHIB in 2030 may stop at $0.0003. Even so, one million SHIBs will still bring an increase of $300, an increase of about 1775%, which is also not to be underestimated.
It should be noted that the SHIB team is actively exploring a new token destruction mechanism, aiming to reduce the number of tokens circulating in the market year by year. If this measure can be effectively implemented, it will greatly alleviate the price pressure on SHIB due to its huge supply and lay a solid foundation for its long-term value increase. Therefore, the future price trend of SHIB may be more optimistic than we can imagine.
