Investors who took an entry position in Shiba Inu firmly believe that the token could earn them $1 million in profits. SHIB is among the top-performing cryptocurrencies this year delivering the highest returns to investors. It spiked nearly 280% in 30 days and the stellar price rise is making investors believe that chances of turning into a millionaire with SHIB could be a reality.
Also Read: Shiba Inu Team Comments About Burning 1 Trillion SHIB Tokens
Shiba Inu generated more profits than Bitcoin, Ethereum, and the larger cryptocurrency market combined since last month. The development is making the token attract heavy bullish sentiments as a new batch of investors enters its fold. Not just the common investors, even top trading platforms like Robinhood have been buying trillions of SHIB tokens lately.
The goal of every SHIB investor is to make $1 million or more and lead a life of financial freedom. Considering that Shiba Inu is rallying now, in this article, we will highlight a scenario on how you can make $1 million if SHIB’s price reaches $0.001.
Also Read: SHIB Has Potential To Surge 822% & Hit $0.00029
Shiba Inu: Here’s How To Become A Millionaire When SHIB Hits $0.001
Shiba Inu is currently trading in the $0.000032 price range on Wednesday. It deleted a zero during the bull run and is now consolidating in price for another leg up. Considering that you want to make $1 million when its price reaches $0.001, you need to own 1,000,000,000 (1 billion) SHIB tokens in your wallet.
Also Read: When Will Shiba Inu Reach $1?
To reach the $0.001 price target, SHIB needs to rise by another 3,100% from its current range of $0.000032. Spiking in price this much is not impossible because Shiba Inu has risen 85,000,000% (85 million percent) from August 2020 to October 2021.
Therefore, to own 1 billion SHIB tokens while it’s trading at $0.000032 today would cost you $32,450. This much money could get you to accumulate 1 billion Shiba Inu tokens today. If SHIB spikes 3,100% from here and reaches $0.001, then the $32,450 invested today could turn into $1 million.
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