Amount Required To Make $1M, $3M, $10M When SHIB Hits $0.001

Shiba Inu (SHIB) has become one of the top sensations of the present crypto market cycle after registering impressive market statistics that sent it to the top 10 in the crypto market ranking.

Consequently, attention seemed to have shifted towards the canine-themed crypto asset, as most investors are already considering adding it to their portfolio before it replicates the 2021 significant rally

Read Also: Whale Abruptly Moved $10M in SHIB to Spark Sell-Off Speculation. Here’s the Destination

According to Shiba Inu (SHIB) market statistics on CoinMarketCap, the digital asset is changing hands at approximately $0.000033.

Amount for $1 Million in SHIB at $0.001

If SHIB eventually reaches $0.001, 1,000,000,000 (1 billion) Shiba Inu tokens will be worth $1 million. 

Accumulating 1 billion SHIB based on the coin’s current selling price would require an investment capital of about $33,000. 

The above-estimated sum indicates that a trader who has procured 1 billion Shiba Inu coins at present market status would make about  $967,000 in profits. 

Amount for $3 Million in SHIB at $0.001

To make $3 million in SHIB at $0.001, investors need to purchase 3,000,000,000 (3 billion) SHIB . Procuring these coins at the current price would cost roughly $99,000. 

Accumulating SHIB, as stated above, would imply profits of about $2.9M if the token eventually hits the $0.001 level. 

Amount for $10 Million in SHIB at $0.001

As for making $10 million at $0.001, 10,000,000,000 (10 billion) SHIB will be needed at the current selling price.

Meanwhile, based on current price standings, purchasing 10 billion SHIB will be worth about $330,000, representing profits of about $9.76M whenever Shiba Inu hits $0.001.

Read Also: Charles Hoskinson: There Are Thousands of Assets and Over $10M of NFTs Have Been Sold On Cardano

SHIB to $0.001 – Possibilities?

For Shiba Inu (SHIB) to reach $0.001 from the current price of $0.00003, it needs to rise by 2,930%. Considering SHIB’s historical trends, especially its exploits in the 2021 bull season, it is safe to say that a $0.001 price is not impossible.

Changelly, a crypto trading platform, spotlighted a timeline between 2033 and 2040 for Shiba Inu at $0.001 to happen. On the other hand, AI models ChatGPT and Google Gemini predicted 2030 and 2050, respectively.

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