Recent happenings in the crypto sphere have seen most crypto assets, including Shiba Inu, record impressive market printings. Evidence of SHIB’s remarkable market performance could be seen in the token’s trading statistics for the past couple of days.
Per data obtained from CoinGecko, SHIB has been up by 11.4% in the past seven days, recording a maximum and minimum price of $0.00000810 and $0.00000699, respectively, within the same week.
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Following the exponential turnaround in SHIB’s fortune, it is safe to say that the crypto asset might be gearing up for a potential rally that could supersede its all-time high (ATH) price of $0.00008616 attained on October 21.
Notably, SHIB has been projected to attain price levels that are very much above its ATH by crypto analysts and artificial intelligence models.
While the projected high prices remain speculative, TimesTabloid has taken it upon itself to estimate the number of SHIB stores that could make one achieve SHIB millionaire status if the token eventually revisits its ATH.
However, before we proceed, readers must note that the calculations in this insight will be based on SHIB’s $0.00000784 selling price at the time of writing this piece.
Required SHIB Holdings To Reach $1 Million At ATH
At SHIB’s ATH, approximately 11.61 billion SHIB tokens will be worth a million dollars. Purchasing these exact quantities of tokens now would cost about $91,000.
Traders that would hop into this investment in the hope that SHIB reclaims its ATH will make profits of about $909,000.
Required SHIB Holdings To Reach $5 Million At ATH
Roughly 58.1 billion SHIB stores will become $5 million at SHIB’s ATH. On the other hand, procuring 58.1 billion SHIB tokens now would require an investment capital of about $455,000.
Based on calculations, $455,000 becoming $5 million in SHIB at ATH would imply profits of approximately $4.55 million.
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Required SHIB Holdings To Reach $10 Million At ATH
Becoming a $10 million Shiba Inu millionaire when SHIB reaches its ATH implies that the investor must have accrued an estimated 116.1 billion SHIB holdings worth $910,000 based on current price standings.
Notably, the $910,000 investment will run into profits of about $9.1 million if SHIB’s ATH resurfaces.
Finally, readers are urged to desist from adopting this insight as financial advice. Rather, it could be used as a guide to aid in-depth research.
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