Here’s How Much Shiba Inu You Need to Make $10 Million if SHIB Hits $0.0005 and $0.005
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Investors targeting $10 million from Shiba Inu with price goals of $0.0005 and $0.005 require modest initial investments.
In the last few days, Shiba Inu saw renewed interest from the crypto community when it reclaimed a two-month high. However, at a market value of $0.00002438, SHIB’s cumulative performance over the last seven days flattened out.
Yet, at its current floor price, Shiba Inu boasts a yearly return of over 180%, a significant increase from its value of $0.000008597 a year ago. This essentially affirms the asset’s potential as a worthy investment on a longer-term scale.
To realize $10 million through Shiba Inu, assuming the asset reaches $0.0005, an investor would need to hold 20 billion SHIB tokens.
As of June 2, 2024, acquiring a Shiba Inu portfolio of 20 billion tokens costs $487,600. However, this investment stands to expand by 1,950% should SHIB attain $0.0005.
While the prospect of Shiba Inu reaching a value of $0.0005 is enticing, it’s important to consider the feasibility and timelines of such a milestone.
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