The Shiba Inu (SHIB) ecosystem is known for its ability to produce millionaires and billionaires. But it was in 2021 when the asset saw a major surge, hitting an all-time high of $0.00008845. Currently, the meme coin is 84% below that peak. Reaching that level could bring life-changing returns to many.
Current SHIB Price and Investment Potential
At the time of writing, SHIB is trading at $0.00001358, up about 2% from the day before. At the current price of the asset, $14 will net investors more than one million tokens. In other words, you only need to invest $14 to become a SHIB millionaire. In total, $14 will get you 1,030,927.83 SHIB tokens.
When will SHIB realize its 1 cent dream?
The entire cryptocurrency industry is eagerly awaiting SHIB to reach 1 cent. Considering the asset’s growth rate of 166,56712.43% since inception, this seems to be a feasible goal.
Unfortunately, the asset does not have enough momentum to witness this growth. According to Telegaon’s predictions, the Shiba Inu price might reach $0.01 by 2035 or 2040.
SHIB helps you become a millionaire
If this 1 cent price target is actually achieved, investors can become millionaires just by investing a small amount of SHIB. However, investors will need to be patient as this will not happen until the next decade.
To get a $1 million investment, at that price, only 100,000,000 (100 million) Shiba Inus are needed. At the current price of SHIB, these tokens are currently worth $1,358.
While the Shiba Inu has shown potential, the market is eager for significant growth from the asset.
