#AirdropStepByStep$SHIB #空投操作全指南
SHIB worth 100 dollars to a million dollars if the price rises to historical levels.
Over the years, cryptocurrencies like Shiba Inu have established themselves as suitable investment tools for investors looking to turn a small capital, such as 100 dollars, into valuable gains reaching one million dollars. It is worth noting that Shiba Inu helped many investors achieve this feat during the 2021 market cycle.
While it remains unclear whether SHIB can replicate this performance, this article estimated the growth rate necessary to turn a modest investment of 100 dollars into one million dollars.
- Advertisement -
Recent performance of Shiba Inu.
In a related context, Shiba Inu is trading at 0.00001385 US dollars after a price drop of 0.98% over the past day. Despite this slight decline, Shiba Inu has maintained most of its gains from last week, rising by 10.31%.
After maintaining most of its gains, Shiba Inu ranked seventeenth in the global cryptocurrency market cap rankings, unchanged from last week. Its market cap at the time of publication was 8.15 billion US dollars.
Growth is required to turn 100 dollars into one million dollars.
With a capital of 100 US dollars, an investor can buy 7.22 million SHIB tokens at a price of 0.00001385 US dollars. By mid-April, the number of network addresses on the blockchain that hold at least 100 US dollars worth of SHIB tokens was around 325,000, according to IntoTheBlock data.
This portfolio of 7.22 million SHIB worth 100 dollars could reach a target of one million dollars if the price of SHIB rises to 0.1385 dollars per token.
Achieving the one million dollar target with an initial investment of 100 dollars requires SHIB's price to rise by 999,900% from its current value to 0.1385 dollars. If SHIB reaches its target of 0.1385 dollars, early investors who invested 100 dollars in SHIB at the current price will realize a return on investment of 999,900 dollars.
- Advertisement -
Can SHIB's price reach 0.1385 dollars?
The price of 0.1385 US dollars exceeds most of the targets set for Shiba Inu, including the highly ambitious one-cent target. Reaching this target would raise the market cap of Shiba Inu to 81.61 trillion US dollars, assuming the circulating supply of Shiba Inu remains at 589.25 trillion tokens.
This high valuation exceeds the current market cap of major global assets like gold, Bitcoin, and silver. At the current supply, it is unlikely that SHIB will reach its target of 0.1385 US dollars.
Therefore, a significant portion of Shiba Inu tokens must be destroyed to enable SHIB to achieve the 0.1385 dollar target without raising its market cap to 81.61 trillion dollars.
In a hypothetical scenario where the supply of Shiba Inu decreases to 10 trillion tokens and its price reaches 0.1385 dollars, the market cap of Shiba Inu would rise to a realistic target of 1.38 trillion dollars.
SHIB price forecast to 0.13 dollars.
Meanwhile, many analysts still believe that SHIB is capable of reaching its target of 0.1385 US dollars during its operational period. Earlier this year, The Crypto Basic estimated that the price of SHIB could rise to 0.13 US dollars if it repeats its performance in 2021, rising by 884,400% from 0.00001520 US dollars - which was its price at the time of the report.
The marketing officer at Shiba Inu believes that it is possible for the price of Shiba Inu to exceed 0.13 US dollars to reach higher targets like one dollar. The leading AI chatbot, Chat GPT, also predicts that the price of Shiba Inu will approach its target of 0.13 US dollars by 2029, four years from now.
It is worth noting that the leading prediction platform, Telegaon, has set a specific timeline for achieving the 0.13 US dollar target. According to Telegaon, SHIB will reach the 0.13 US dollar level between 2041 and 2049.
