There is a big opportunity to profit by buying SHIB. Although, Shiba Inu is currently trading at five ‘zeros’ at around US$0.00000726. SHIB actually failed to remove the fifth zero even though the Shibarium layer-2 network was launched in August 2023.
Shibarium is considered the only catalyst that can direct this token towards the US$0.01 level. However, the project lost its hype due to its bumpy launch.
However, Shiba Inu is still an affordable cryptocurrency for the average investor. In other words, this is an opportunity that is easy to achieve when buying SHIB.
Bitcoin and Ethereum currently have prices of US$27,600 and US$1,600 respectively, which can be said to be unaffordable for “Average Joe“.
Become a Millionaire by Buying SHIB with Capital of US$7
Collecting affordable SHIB with an investment of US$7 can generate more than 1 million SHIB tokens for investors.
So, with a simple investment of US$7.3 in Shiba Inu, investors can earn 1,000,000 (1 million) SHIB tokens today.
If SHIB clears all its zeros and reaches US$0.01 someday, the same investment of US$7.3 could reach US$10,000. This will result in an increase and return on investment (ROI) of around 140,000 percent.
However, this is not a life-changing gain especially in crypto, as a gain of US$10,000 is nothing in today's world due to inflation.
If your target price is to earn US$1 million, an investment by buying SHIB of US$730 made today could allow investors to collect almost 100 million SHIB tokens.
If Shiba Inu reaches the 1 cent milestone one day, that US$730 could become US$1 million, quoted from Watcher.Guru.
It should be noted that Shiba Inu’s “millionaire” status is only measured through token accumulation and not by “dollars” earned.
However, if the market recovers in the next few years and begins a bullish trend, the two may overlap, and eventually, the tokens could convert into dollars.
That's a long way from today, and it will probably take years or decades to get there.
There is no guarantee that SHIB will reach the US$0.01 milestone in the short or long term. Therefore, it is advisable to carry out careful research before taking an entry position in buying SHIB.