$SHIB

$SHIB: Could You Become a Millionaire if SHIB Hits $0.00008616 Again?

Shiba Inu (SHIB) was one of the biggest winners of the 2021 bull run, soaring by millions of percent from its August 2020 launch to its all-time high of $0.00008616 in October 2021. Early investors saw life-changing gains, cementing SHIB’s reputation as a “millionaire-maker.”

Where Does SHIB Stand Now?

Currently, SHIB is down 85% from its peak. It made a run to $0.000036 in March 2024 but has struggled to maintain momentum.

How Much SHIB Do You Need to Reach $1 Million?

If SHIB returns to its all-time high, you'd need 11.6 billion SHIB tokens to hit $1 million. At today’s price, that amount of SHIB costs around $149,489.32—a potential 568.94% gain if SHIB reaches its previous peak.

Can Another Burn Trigger a Rally?

One of the biggest drivers of SHIB’s 2021 rally was Vitalik Buterin’s massive burn, which reduced supply while demand surged. With 589 trillion tokens still in circulation, another significant burn could help push SHIB higher. The team is reportedly developing a new burn mechanism aimed at eliminating trillions of tokens per year, though no launch date has been confirmed.

Will SHIB reclaim its former glory? Only time will tell, but another major supply burn could be a game-changer. Stay tuned for updates! 🚀

#SHIB #ShibaInu #Crypto #SHIBArmy #MillionaireMaker