Here’s How Much Shiba Inu You Need to Make $1M, $9M, or $20M If SHIB Hits $0.001

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With investors projecting that Shiba Inu could rally to $0.001 in the bull run, we have detailed how much you need to invest now in order to rake in millions if the price materializes. 

Earlier this week, many Shiba Inu investors went underwater after SHIB plunged below the $0.00001 territory. Recall that the Matrixport research report, which claims that the U.S. SEC would deny all spot Bitcoin ETF applications, wreaked havoc on the prices of crypto assets, including Shiba Inu. 

While several investors are disappointed with the latest downturn, others see the development as an opportunity to increase their SHIB holdings, as they hope to become millionaires when the token rallies to around $0.001 in this bull market. 

Notably, the major question remains how much people need to invest now in order to rake in millions when SHIB hits the projected price of $0.001. 

Amount Needed to Make $1M, $9M, or $20M 

For an investor to rake in a million-dollar profit when Shiba Inu hits $0.001, they would need to scoop 1 billion units of SHIB. With a unit of SHIB trading at $0.00000953, purchasing 10 billion tokens would require a capital of $9,530. 

Similarly, if Shiba Inu surges to $0.001, an investor would need to hold 9 billion tokens to rake in a profit of $9 million. Acquiring 9 billion SHIB at the current price of $0.00000953 would require an investment of $85,770. 

Additionally, if Shiba Inu eventually hits the coveted price of $0.001, 20 billion Shiba Inu tokens would be valued at $20 million. Purchasing 20B SHIB tokens at the current price requires an investment of $190,600. 

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SHIB to $0.001? 

While some investors believe Shiba Inu could surpass its previous ATH and hit the $0.001 mark, there is no guarantee that the canine-themed token would ever achieve this feat. 

Consequently, it is imperative to know that this article is for informational purposes and not an investment guide. 

Meanwhile, the $0.001 price level is way above Shiba Inu’s all-time high (ATH) of $0.00008616, which was recorded on October 28, 2021. 

In the hours leading up to press time, Shiba Inu was changing hands at $0.00000953, down 88.7% from its ATH. At the current price, Shiba Inu will need to rally 10,493% to reach the $0.001 mark. 

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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