To secure a $1 million return if Shiba Inu hits $0.01, you would need to buy $878 worth of SHIB. At the current price, if you purchase Shiba Inu right now with $878, you would get 100 million SHIB tokens.
Prospects of becoming a SHIB millionaire
Even though SHIB is trading with five zeros at the moment, the community continues to believe that SHIB will eventually reach 1 cent and $1 over the long term. For Shiba Inu to attain the $1 benchmark, it will have to initiate a whopping 13,209,939.6% rise [refer chart above].
At the moment, Shiba Inu is trading with five zeros. Even so, the community continues to believe that SHIB will eventually reach $0.001 over the long term. Given that SHIB is currently priced at $0.000007835, an investor will need to invest $7835 to become a millionaire when SHIB appreciates all the way to $0.001.
If Shiba Inu rallies hard and reclaims its ATH of $0.00008616, the $1,000 investment done today could turn to $13,094. That's an uptick and returns on investment (ROI) of approximately 1,300%. In conclusion, an investment of $1,000 when SHIB is at $0.00000658 would allow investors to accumulate 151 million tokens.
How Much Needed to Become a Millionaire at SHIB's ATH. At its all-time high value of $0.00008845, an investor would need approximately 11.31 trillion Shiba Inu tokens to become a millionaire. However, market participants would need less money to procure 11.31 trillion SHIB due to its price decline.
In dollar terms, had you invested $100 on Jan. 1, 2021 and held on until today, you'd be sitting on an absolute fortune worth almost $14.5 million. But believe it or not, that's after Shiba Inu tokens plunged in value by 87%.
A dad has explained how he became a millionaire in just six months after making a risky $8,000 bet on Shiba Inu. The former supermarket warehouse manager named Rob has been able to retire at the age of 35, after investing in the popular meme coin.
A $100 investment one year ago would have gone a long way
Some 12 months later, these same coins were going for about $0.000034. In eliminating six zeroes, Shiba Inu delivered a historic gain of approximately 46,000,000% in a year. That was enough to make investors who'd put a little over $2 to work at midnight on Jan.
Just like the Elon Musk tweet had surged the market price of the Shiba Inu coin to rise high. Elon Musk in another tweet said that in order to be a millionaire you need 3 million Shiba Inu coins. And we believe that if the Shiba Inu community grows big and keeps supporting the coin, the prices will rise soon.
Being sent to the doghouse is more likely than $1 by 2025
If the cryptocurrency space has demonstrated anything, it's that nothing is impossible. But the chance of Shiba Inu hitting $1 by 2025 is so microscopically small in my view that I'd call it virtually impossible.
Current value of 2000000 SHIB in USD is 15.28 USD
This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 2000000 SHIB when 1 SHIB is valued at 0.0000076 USD.
Current value of 10000000 SHIB in USD is 76.39 USD.
The price of 5000000 Shiba Inu in the US is 39.46 USD. Additionally, Shiba Inu's price for 5000000 SHIB is 35.97 EUR in the eurozone, 30.87 GBP in the UK, 52.23 CAD in Canada, 59.28 AUD in Australia, 3,245.01 INR in India, 50,407 KRW in South Korea, and 34.28 CHF in Switzerland.
Shiba Inu (SHIB -0.65%) may have helped create some millionaires in the past. The popular meme token soared about 45,000,000% back in 2021. And as Shiba Inu skyrocketed, more and more investors flocked to this crypto with dreams of getting rich, too. Since then, Shiba Inu has had trouble keeping those dreams alive.
30000000 SHIBA INU is 246.585712 US Dollar.
Current value of 1000000000 SHIB in USD is 8,380 USD
This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 1000000000 SHIB when 1 SHIB is valued at 0.0000083 USD.
It may appear valuable given its market cap, but it's worth is purely speculative. Keeping this in mind, it is not a good idea to put too much money into shib. Shiba inu cryptocurrency can help you make a quick buck, but it is not a long-term investment.
7000000 SHIBA INU is 54.323764 US Dollar.
How much is 50000000 SHIBA INU in US Dollar? 50000000 SHIBA INU is 390.391773 US Dollar.
Analysts have various views on Shiba Inu's price in ten years which is said to increase to US$0.002 in 2030, whereas others predict it may cross the US$0.009 level in 10 years.
Current value of 100000 SHIB in USD is 0.82 USD
This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 100000 SHIB when 1 SHIB is valued at 0.0000082 USD.
A millionaire in Shiba Inu is an investor holding at least 1 million SHIB tokens. This individual remains a SHIB millionaire regardless of the value of the tokens in USD.
Guessing the right number, however, is difficult. As per the data available from various sources, there are a minimum of 32,500 millionaires in the crypto industry as of 2023, and the actual number is expected to be higher.