This article examines the Shiba Inu tokens investors must hold to attain a portfolio of $10 million, $15 million, or $20 million should SHIB clinch $0.003 or $0.009.
The crypto community is experiencing a bull market, and meme-inspired crypto projects like Shiba Inu are currently some of the best performers. Considering that Shiba Inu made many millionaires in the last bull run, with a handful of billionaires, expectations are high that a similar occurrence could resurface.
To this end, Shiba Inu enthusiasts with a millionaire target may be interested in knowing how they may achieve their millionaire status should SHIB hit some of the notable projected figures like $0.003 or $$0.009.
How To Make $10M if Shiba Inu Hits $0.003
At the time of reporting, Shiba Inu trades for $0.00003001, marking a 9.94% increase over the past week. The price target of $0.003 implies the asset potentially canceling two decimal points with a 100x surge.
Accordingly, to command a portfolio of $10 million in Shiba Inu after the asset eventually hits $0.003, an investor must hold 3,333,333,333 SHIB tokens. At Shiba Inu’s market price of $0.00003001, this 3.33 billion SHIB token would demand an initial capital of $100,033.
In essence, making $10 million from Shiba Inu with a projected target of $0.003 requires stocking over 3 billion units of the token.
Making $15M or $20M with Shiba Inu $0.003 Target
To realize the $15 million target, one would need to hold five billion SHIB tokens if SHIB reaches $0.003 to potentially realize the intended lump sum. Acquiring these 5 billion SHIB tokens costs approximately $150,000 today.
The $20 million target requires double the initial investment for the $10 million goal as estimated previously, coming in at 6.6 billion SHIB. These 6.6 billion tokens are currently worth $200K.
So an investor needs to hold 3.33 billion, 5 Billion, or 6.6 billion Shib to make $10M, $15M, or $20M, respectively, from Shiba Inu at the current SHIB price.
Making $10M, $15M, or $20M with Shiba Inu at $0.009
For the most ambitious price target of $0.009, investors hoping to make $10 million, $15 million, or $20 million from Shiba Inu require less initial capital commitment.
In the $10 million outlook, investors would need to hold 1,111,111,111 (1.1B) SHIB tokens, translating to an initial investment of approximately $33,344 today.
Likewise, targeting $15 million would require accumulating approximately 1.66 billion SHIB tokens, currently costing around $50,000.
Similarly, the $20 million target demands investors to hold 2.2 billion SHIB at $0.009, with these tokens going for $66,688 today.
Projected Timelines for SHIB to Hit $0.003 and $0.009
Considering the current valuation, the Shiba Inu price outlooks of $0.003 and $0.009 would require significant market shifts. Specifically, SHIB must rally 9,890% and 29,890% to attain $0.003 and $0.009, respectively.
While Shiba Inu experienced a more remarkable percentage growth within a year in 2021, the likelihood of a similar occurrence in the near future appears less certain.
For instance, Changelly’s researchers argued that Shiba Inu may reach $0.003 and $0.009 levels sometime around 2040. The Analytics platform Telegaon aligns with this timeline, forecasting that Shiba Inu will approach these prices between 2035 and 2040.