The Shiba Inu (SHIB) ecosystem is known for its ability to create millionaires and billionaires. However, this is only the beginning of 2021, when the asset has skyrocketed significantly, hitting an all-time high of $0.00008845. Currently, the meme coin is 84% below this peak. Reaching this level could bring life-changing returns for many.
Current SHIB price and investment potential
At the time of writing, SHIB is trading at $0.00001358, up about 2% from the previous day. At the asset’s current price, $14 will get investors over 1 million tokens. In other words, you can become a SHIB millionaire with just $14 investment. In total, $14 will get you 1,030,927.83 SHIB tokens.
When will SHIB realise its one-cent dream?
The entire cryptocurrency industry has been waiting for SHIB to break through the 1 cent mark, and considering the asset has grown by 16656712.43% since inception, this seems like an achievable goal.
Unfortunately, the asset does not have the momentum to witness this rise. According to Telegaon’s predictions, Shiba Inu could hit $0.01 by 2035 or 2040.
SHIB could make you a millionaire
If this price target of 1 cent is met, all it takes is a small amount of SHIB for investors to become millionaires, but this will only be possible over the next decade, so investors will need to be patient.
It would take just 100,000,000 Shiba Inu at that price to make a $1 million investment, and given the current SHIB price, these tokens are currently worth $1,358.
While the Shiba Inu has shown potential, the market is eagerly waiting for the asset to witness a significant surge.
