Amid the bear market trend that seemed to have hit almost all crypto projects, most crypto investors see this period as the best opportunity to accumulate tokens at discounted prices in anticipation of a bull season that could set in soon.
The above is true for Shiba Inu (SHIB) as it currently changes hands at $0.00000680. While there have been speculations about the potential of SHIB reclaiming its all-time high (ATH) of $0.00008616 attained in October 2021, the digital token has equally been projected to several price highs, with $0.001 and $0.01 being the two most common predicted prices.
In this insight, we shall estimate potential earnings from investing specific amounts in Shiba Inu if the token eventually succeeds in reaching some projected prices.
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At SHIB’s current price of $0.00000680, a $1K investment capital should procure approximately 147 million SHIB tokens. Should the token ascend to its previous ATH, the 147 million tokens will be worth about $12.7K, implying an $11.7k profit.
Shiba Inu at $0.0001 would turn 147 million SHIB tokens into $14.7K, summing up to about 13.7k returns in profits. On the attainment of the $0.001 and $0.01 selling prices, 147 million SHIB coins would be worth $147K and $1.47M, respectively.
Shiba Inu’s current selling price implies that a $5K investment could accumulate approximately 735 million SHIB tokens. On the attainment of the $0.00008616 price level, these 735 million tokens would be worth $63.3K and profit returns of about $58.3K.
Should SHIB ascend to a $0.0001 price mark, 147 million SHIB tokens would be worth $73.5K, and $68.5K return on investment (ROI).
At $0.001 and $0.01 price levels, 735 million SHIB would be worth $735K and $7.35 million, respectively. Profits will be around $730K and $7.345M, respectively.
Read Also: This Shiba Inu Trader Gained $5 Billion from $8,000 Investment. Here’s how and when
Investing $10K in Shiba Inu at its current selling price would secure roughly 1.470 billion SHIB holdings. The value of these SHIB stores can sum up to $126.7K if SHIB manages to reclaim its ATH.
SHIB at $ 0.0001 implies that 1.470 billion SHIB holdings would amount to $147K. While 1.470 billion SHIB at $0.001 and $0.01 price levels would be worth $1.47 million and $14.7 million, respectively.
Meanwhile, it is worth noting that Shiba Inu attaining price highs of $0.00008616, $0.0001, $0.001, and $0.01 would mean spikes of about 1,167%, 1,371%, 14,606%, and 146,959%, respectively.
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Los Altos, United States / California, 26th September 2024, Chainwire
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