Shiba Inu (SHIB), the second largest meme coin in the crypto market, has made many crypto investors rich and inspired the same dreams of riches in its loyal army of investors.
While its current price of $0.000009415 might seem insignificant, and even discouraging because of an unexpected 13% 24-hour decline, promises and expectations of an impending surge have many speculating on their future profit.
Read Also: Top Exchange Sets Timelines For Shiba Inu (SHIB) to Reach $0.000050, $0.000228, $0.0068
With bullish predictions all around for Shiba Inu (SHIB), we decided to see how much a 200 million SHIB investment could bring at certain prices.
Holding 200 million SHIB today, you would have a meager $1,883. However, how much the same amount of would 200 million SHIB be worth if the meme coin reaches ambitious price targets like $0.01, $0.05, and $0.09?
Shiba Inu (SHIB) at $0.01
To touch $0.01, SHIB needs to climb a staggering 106,113%. A feat many deem unlikely, considering the immense circulating supply. But if it happens, that $1,833 investment would become $2 million.
Shiba Inu (SHIB) at $0.05
But let’s push the boundaries further. $0.05 might seem like a moonshot, requiring a mind-boggling 530,967% surge. Yet, if the stars align, 200 million SHIB could skyrocket to a jaw-dropping $10 million.
Shiba Inu (SHIB) at $0.09
And then there’s the ultimate fantasy of SHIB climbing 955,821% to $0.09. This climb might seem impossible, but if SHIB can reach this level, 200 million SHIB would sit pretty at a cool $18 million, enough to make even the most skeptical believe in the potential of the crypto market.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Read Also: Shiba Inu (SHIB) Emerges As Top Player in India
Can Shiba Inu (SHIB) Reach These Prices?
While the numbers paint a breathtaking picture, reaching these targets is far from guaranteed. The sheer volume of SHIB in circulation makes sustained high prices a difficult task. Attaining and maintaining even $0.01 would require a massive influx of demand, a factor not solely dependent on Shiba Inu’s trajectory.
However, the Shiba Inu devs and community have been working hard to reduce the supply of SHIB tokens. The recently launched Shibarium-powered burns show the dedication and power of the community to token burns.
A prominent crypto analytics firm recently set the timeline for SHIB to cross $0.08. Long-term predictions like these can give investors an idea of when their profits will come and help them plan properly. With the crypto market on the cusp of the 2024 bull run, there’s no better time to accumulate 200 million SHIB and hold it till the surges start coming.
Follow us on Twitter, Facebook, Telegram, and Google News
