Investors who take advantage of the latest market dip by investing $1,000 in Shiba Inu could see returns of $10,000, $50,000, or even $100,000 if SHIB rises significantly.
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Shiba Inu’s attempt to recover the gains it lost during the peak of the global tariff war has stalled amid the recent market downturn.
The broader crypto market experienced a slight dip due to anticipation of the Federal Reserve’s interest rate decision. Reacting to the upcoming macroeconomic event, the total crypto market cap slumped 0.73% in the past day to $2.93 trillion.
This downturn resulted in a bloodbath in crypto prices, with Shiba Inu plunging by 3.37% within the past day. At the time of this publication, Shiba Inu was trading at $0.00001258, translating to a market valuation of $7.41 billion.
In the meantime, the slight retracement has not dampened investors’ hopes for a significant rebound this cycle. Therefore, they consider the dip a major opportunity to acquire SHIB at discounted prices, with some encouraging a minimum investment of $1,000 in Shiba Inu.
How Much SHIB Must Rise for $1K to be Worth $10K, $50K, or $100K
A $1,000 stake would have fetched 83 million SHIB tokens when the price reached a daily high of $0.00001373 on May 1. However, following the latest dip, investors can scoop 79.49 million SHIB tokens at the current price of $0.00001258.
This portfolio of 79.49 million Shiba Inu tokens, valued at $1,000 today, could soar to $10,000, $50,000, or $100,000 depending on how high Shib’s price appreciates.
For this $1,000 SHIB investment to be valued at $10,000, $50,000, or $100,000, Shiba Inu must hit target prices of $0.0001258, $0.000629, or $0.001258.
While the $0.0001258 target demands a surge of 900% from the current price, the $0.000629 and $0.001258 projections represent gains of 4,900% and 9,900%, respectively.
Clinching any of these targets would bolster the market valuation of Shiba Inu’s price. Assuming Shiba Inu’s circulating supply remains constant, its market cap would rise to $74.12 billion if the price hits $0.0001258.
Further, if the price soars to $0.000629 and $0.001258, respectively, Shiba Inu would reach lofty valuations of $370.63 billion and $741.27 billion.
When Can SHIB Reach $0.0001258, $0.000629, or $0.001258
Last year, popular crypto expert Eunice Wong projected that the second wave of this season’s bull run could take Shiba Inu’s price to the $0.000125 mark. However, Changelly analysts think the $0.0001258 projection could become a reality by February 2030, five years from now.
They also expect Shiba Inu to continue its uptrend and finally clinch the $0.000629 target four years later, precisely by July 2034.
Finally, Changelly believes the ambitious target of $0.001258, which requires Shiba Inu to eliminate two zeros from its price, would materialize between 2035 and 2039.
Notably, these projections are speculative and should not be considered financial advice. As with all cryptocurrencies, SHIB’s price is highly volatile, and there are no guarantees it will reach these targets within the predicted timeframes.
DisClamier:
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 @Lachakari_Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions.@Lachakari_Crypto is not responsible for any financial losses.
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