The community behind Shiba Inu (SHIB) has been doing a lot of things to trigger a rally similar to that of 2021. Obviously, the magnificent rally brought the hottest dog-themed token to the limelight and it has been up among the largest cryptocurrencies in the market ever since.
In November 2021, SHIB recorded its price all-time high of $0.000086 but has since been struggling to replicate the trend. At the time of filing this report, SHIB is trading at $0.00001238, with a relatively 3% price uptrend in the last 24 hours.
Read Also: New Record SHIB Burn: 31 Billion Shiba Inu Tokens Destroyed In May
In a recent exclusive interaction conducted by a crypto news platform Watcher Guru, Shiba Inu (SHIB) investors from India and the United States explained what they would do if their favorite digital asset hits $0.01 or 1 Cent.
In the course of the interaction, the investors were able to explain the transformation that a $0.01 SHIB market price would bring to their life.
As stated in the report, a 35-year-old SHIB investor from India, who prefers to stay anonymous to save his current job position, said he would quit his job once Shiba Inu crosses $0.01. He also disclosed that he currently holds a total of 136 million SHIB tokens in his portfolio. He said he bought all these tokens in February 2022.
This implies that his SHIB holdings will be worth 10.3 Crores in INR ($1.2 million) once SHIB reaches $0.01.
The anonymous Indian Investor noted:
“If Shiba Inu reaches $0.01, I will quit my job first and then decide what to do next. The only thing I can think of is to spend time on my wish and not be answerable to anyone. I would keep the money in the bank and gain interest that could be more than my salary.”
When the Indian SHIB investor was asked how long he intends to hold the dog-themed token, he said “until it reaches $0.01. He also disclosed that he decided to buy SHIB after seeing it on social media.
Read Also: Amazon’s Contribution Boosts SHIB Burn Rate By 90%
A 23-year-old Darin Ripey from Iowa United States, who works at an advertising firm, also said once SHIB hits $0.01, he will go and buy himself a house.
According to Ripey, he currently holds a total of 370 million SHIB, which he accumulated over the year. This implies that when Shiba Inu token hits 1 Cent, he would make about $3.7 million.
Rapey said, “It’s impossible to afford housing, and if it turns $0.01, I’d sell and buy a house”, adding that he’s ready to hold SHIB as long as it takes. He also disclosed that he’s ready to buy more SHIB once he has excess cash.
Follow us on Twitter, Facebook, Telegram, and Google News
The cryptocurrency XRP may be on the brink of a historic surge, with market analysts…
While analysts suggest that a Dogecoin price of $10 and a Shiba Inu price target…
News of SEC Chair Gary Gensler's potential resignation has sent shockwaves through the cryptocurrency industry.…
Ripple's RLUSD stablecoin has entered beta testing, with a broader release anticipated upon regulatory clearance.…
The Dogecoin price is again making waves, with analysts predicting a new all-time high (ATH)…
Experienced crypto analyst EGRAG has projected that XRP could reach remarkable price levels if Bitcoin…