Here’s Much Shiba Inu (SHIB) to Hold to Hit $1M, $3M or $20M

Becoming a Shiba Inu (SHIB) millionaire is possible, but requires determination and a defined number of tokens to hold from now until price reaches certain thresholds in the future.

Shiba Inu remains one of the most valuable low-priced digital currencies today, and $1 worth can give an investor over 113,843 units based on the current price of $0.0000008784. However, investors looking to make $1 million and above will need to increase their initial capital even with the most bullish future projections for SHIB.

SHIB Required to Earn $1M, $3M and $20M at $0.01 Valuation

If Shiba Inu eventually hits the 1-cent price mark, a total of 100,000,000 SHIB tokens are required to rake in the $1 million profit. This implies that investors must be willing to invest as much as $878.4 at current market prices.

To end up with $3 million, users will need to hold 300,000,000 SHIB tokens. Acquiring these tokens will cost approximately $2,635.2 at current level.

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However, investors whose target is to hit $20,000,000 by the time the token touches $0.01 would need a total of 2,000,000,000 SHIB. Investors can stack up these 2 billion tokens for $17,568 at the time of writing. 

Besides the total quantity of SHIB required to hit this massive millionaire status, there are other intrinsic factors that must align. This includes the ability of Shiba Inu to continually stay relevant and in demand for as long as the price will touch this price target. 

Notably, the team behind the Shiba Inu ecosystem have acknowledged plans are intensifying to launch innovative applications that members of the community can find helpful. Should the team make good on these promises, it can help sustain demand for SHIB, a trend that may impact positively on the price.

Potential Timeline For SHIB to Hit $0.01

Shiba Inu’s current performance dampens optimism of immediate growth. The token is down 0.60% and the market capitalization has slumped by 0.56% to $5,234,778,967. While the trading volume remains elevated at 57% to $312,349,392, its impact on boosting price surge appears weak.

Despite this, there are projections both from AI-based ChatGPT and experts that suggest the token has the potential for maximal growth in the long term. One of these projections came from Telegaon with the timeline to hit $0.01 to $0.02 pegged at 2030 to 2040 era. However, these should not serve as investment advice, as it is possible SHIB would not hit these targets.

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• Source: https://thecryptobasic.com/2023/11/17/heres-much-shiba-inu-shib-to-hold-to-hit-1m-3m-or-20m/?utm_source=rss&utm_medium=rss&utm_campaign=heres-much-shiba-inu-shib-to-hold-to-hit-1m-3m-or-20m