The post Here’s How Much Shiba Inu You Need to Make $10 Million if SHIB Hits $0.0005 and $0.005 appeared on BitcoinEthereumNews.com.

Investors targeting $10 million from Shiba Inu with price goals of $0.0005 and $0.005 require modest initial investments. In the last few days, Shiba Inu saw renewed interest from the crypto community when it reclaimed a two-month high. However, at a market value of $0.00002438, SHIB’s cumulative performance over the last seven days flattened out. Yet, at its current floor price, Shiba Inu boasts a yearly return of over 180%, a significant increase from its value of $0.000008597 a year ago. This essentially affirms the asset’s potential as a worthy investment on a longer-term scale.  Prominent experts have attested to Shiba Inu’s potential to rise to price levels of $0.0005 and $0.005 in the coming years. For investors aiming to become multi-millionaires, it is crucial to understand the amount required to achieve targets like $10 million should Shiba Inu reach these projected price levels. Shiba Inu Needed to Make $10M if SHIB Hits $0.0005 To realize $10 million through Shiba Inu, assuming the asset reaches $0.0005, an investor would need to hold 20 billion SHIB tokens.  As of June 2, 2024, acquiring a Shiba Inu portfolio of 20 billion tokens costs $487,600. However, this investment stands to expand by 1,950% should SHIB attain $0.0005. While the prospect of Shiba Inu reaching a value of $0.0005 is enticing, it’s important to consider the feasibility and timelines of such a milestone.  – Advertisement – Market analyst Big Mike recently predicted Shiba Inu could reach $0.0005 by next year, citing the completion of a fifth Elliott Wave on the weekly chart. Meanwhile, prediction platform Telegaon stated Shiba Inu may attain a maximum value of $0.000588 by 2029. On the other hand, Changelly analysts suggested a 2031 date for a similar target to materialize. None of these predictions should be taken as investment advice.…

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Filed under: News - @ June 7, 2024 8:18 pm