If Shiba Inu Hits $0.00013 or $0.00071, Can it Make More MillionairesShiba Inu (SHIB) is a meme coin that has gained popularity in the crypto space. SHIB aims to be a decentralized and community-driven project that can rival DOGE in terms of market value and adoption¹.The current price of SHIB is $0.0000094 USD, which means that it would need to increase by more than 13 times to reach $0.00013 USD, and by more than 75 times to reach $0.00071 USD. These are very ambitious targets, considering the high volatility and unpredictability of the crypto market. However, some analysts and enthusiasts have made optimistic predictions for SHIB, based on factors such as its growing popularity, its upcoming network upgrade (Shibarium), and its potential listing on major exchanges such as Coinbase and Robinhood.The minimum price of SHIB in 2024 may be about $0.0000176 USD, with a maximum expected price of around $0.0000212 USD and an average trading price of $0.0000182 USD. This indicates a potential return on investment of over 50% based on the current prices. However, this is still far from the $0.00013 USD or $0.00071 USD levels.If SHIB hits $0.00013 USD or $0.00071 USD, it can theoretically make more millionaires, depending on how much SHIB they hold and when they bought it. For example, if someone bought 100 million SHIB at the current price of $0.0000094 USD, they would spend $940 USD. If SHIB reaches $0.00013 USD, their investment would be worth $13,000 USD, a profit of $12,060 USD. If SHIB reaches $0.00071 USD, their investment would be worth $71,000 USD, a profit of $70,060 USD. However, these are hypothetical scenarios that do not account for factors such as taxes, fees, market fluctuations, and liquidity issues. As always, I advise the user to do their own research, be careful with their money, and never invest more than they can afford to lose. Crypto investing is not a get-rich-quick scheme, but a long-term and diversified strategy that requires patience, discipline, and knowledge. #SHIB2024 024 #SHIBNEWS WS #millionaire... .
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.