Shiba Inu: How to Become a Millionaire with SHIB in April 2024?

The Shiba Inu (SHIB) has turned many early investors into multi-millionaires and in some cases billionaires. While SHIB’s price has been trending downward after its October 2021 highs, the asset could hit new highs next month.

According to CoinCodex, SHIB could remove another zero in April 2024. According to the platform, the dog-themed cryptocurrency could surge to $0.0001 on April 24, 2024.

To own $1 million worth of SHIB at $0.0001, you would need 10,000,000,000 (10 billion) tokens. The current price for 10 billion SHIBs is approximately $303,700. In this scenario, the portfolio's value would surge by about 229%.

When will Shiba Inu (SHIB) hit $0.01?

While SHIB may have earned $0.0001 in April, fans and investors have long been chasing higher prices for the dog-themed cryptocurrency. Jiaoliu qun Jiawei 362014583, especially SHIB fans, has been aiming for "a penny dream" for a long time. However, the journey to $0.01 won’t be easy.

According to Changelly, SHIB could reach its $0.01 target sometime between 2033 and 2040, roughly nine to sixteen years from now. Telegaon, on the other hand, predicts that SHIB will hit the 1 cent mark between 2035 and 2040.

One of the most significant obstacles affecting the price of Shiba Inu (SHIB) is the project’s large supply. However, the SHIB team is reportedly working on a new burning mechanism that is rumored to destroy trillions of tokens per year. If the SHIB team is able to significantly reduce the supply of the asset, we may see a significant increase in the price of the asset. However, we do not have an official launch date for the new burning mechanism.

Furthermore, burning alone may not help to push up the price of SHIB. The project also needs mass adoption to push up the price. #dikesolomon #Write2Earn‬ #SHIB🔥🔥