If SHIB reaches $0.00008, $0.00014, and $0.001, how much Shiba Inu does it take to make $100,000, $500,000, and $1 million?
The recent market crash saw SHIB plummet to $0.00001548, an eight-day low.
But interestingly, SHIB has since recovered along with the rest of the market. It rose 8.15% yesterday and another 1.55% on October 5.
According to IntoTheBlock, the number of investors holding at least $100,000 in SHIB has risen a bit recently. In particular, the number of addresses holding $100,000 to $1 million in Shiba Inu has increased to 1,690, accounting for 0.12% of the total number of SHIB addresses.
These addresses hold a total of 36.67 trillion SHIB tokens, worth $638.19 million, accounting for 3.67% of the total supply of Shiba Inu, making them one of the largest SHIB holders in the market.
It is worth noting that some market participants who do not have many SHIB tokens can also enter this level of address, as long as the balance is between $100,000 and $1 million.
For example, there is an address holding 2.826 billion SHIB, which is worth $50,000 at the current price of $0.00001769. If the price of SHIB doubles, this holding will be worth $100,000.
To reach $100,000, $500,000 and $1 million respectively, the price of SHIB must reach $0.00008, $0.00014 and $0.001 respectively.
It is worth mentioning that in June, a Bitcoin analyst said that the continued downward trend is the last chance to buy SHIB at a low price, indicating a rebound to $0.00014.
If SHIB really rises to this level, investors who want to make $100,000 will have to hold 714.2 million SHIB, now worth $12,635; those who want to make $500,000 will have to hold 3.57 billion tokens, now worth $63,178. Investors who want to make $1 million will have to buy 7.142 billion SHIB, now worth $126,357.
After a few days of big drops, SUI, APT, DOGE, WIF, FET, AAVE, BNX should enter the market and ambush, otherwise you will miss this wave of bull market! If you are still hesitant and confused about the specific operation, like, leave a message, I will teach you.
