The post Here’s How High Shiba Inu Must Rise to Turn $100 Into $1M appeared on BitcoinEthereumNews.com.

Shiba Inu investors could see their $100 SHIB investment skyrocket to $1 million if the price surges to historic levels. Over the years, crypto assets like Shiba Inu have established themselves as suitable investment vehicles for investors seeking to turn meager capital like $100 into life-changing gains of up to $1 million. It is worth mentioning that Shiba Inu helped many investors achieve this milestone in the 2021 market cycle.  While it remains unclear whether SHIB can replicate this performance, this article estimated the growth rate needed to transform a meager $100 investment into $1 million.  Shiba Inu Recent Performance For context, Shiba Inu is trading at $0.00001385 after its price dropped by 0.98% in the past day. Despite the slight dip, Shiba Inu retains most of its gains from last week, up 10.31%. Having retained most of its gains, Shiba Inu ranks 17th in the global crypto market-cap rankings, unchanged from last week. At press time, its market valuation was $8.15 billion.  Growth Needed to Turn $100 into $1M With a capital of $100, an investor can procure 7.22 million SHIB tokens at the current price of $0.00001385. As of mid-April, about 325,000 on-chain addresses held at least $100 worth of SHIB tokens, according to data from IntoTheBlock. This portfolio of 7.22 million SHIB worth $100 could reach a target of $1 million if the price of SHIB rises to $0.1385 per token.  Hitting the $1 million goal with an initial investment of $100 requires the price of SHIB to surge by 999,900% from its current value to $0.1385. If SHIB ever clinches the $0.1385 target, early investors who scooped up $100 worth of SHIB at the current price would see an ROI of $999,900.  Can SHIB Hit a Price of $0.1385?  The $0.1385 projection surpasses most of the…

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Filed under: News - @ April 29, 2025 6:24 pm