Investors who acquire 100 million, 500 million, or 1 billion Shiba Inu tokens at the current price could see their investment rise significantly if SHIB hits ambitious targets like $0.0007 or $0.005.
Shiba Inu has continued to trade in bearish territories since the beginning of this month. Notably, SHIB’s price has plummeted by 19.29% over the past seven days to $0.00001530. In addition, the leading canine-themed token has declined 18.5% since February 1.
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Investors Resilient Despite Price Dip
Despite SHIB’s recent underperformance, investors are still optimistic about SHIB’s prospects. This is reflected in the massive accumulation happening behind the scenes among large crypto investors. As previously reported, these investors grew their SHIB holdings by 840 billion this month alone.
Interestingly, large investors are taking advantage of SHIB’s low price to grow their holdings in anticipation of a future price surge. They are anticipating that SHIB will eliminate a zero or two from its price in the future and potentially hit ambitious targets like $0.0007 or $0.005.
Given these projections, we estimated how much holdings of 100 million, 500 million, and 1 billion SHIB tokens will be worth at $0.0007 or $0.005.
Values of 100M, 500M, and 1B SHIB at $0.0007
Shiba Inu’s potential rise to the $0.0007 target will put smiles on the faces of many investors. However, reaching this target will require SHIB to soar astronomically by 4,475% from the current price. At $0.0007, Shiba Inu’s market cap will be valued at $412.47 billion, surpassing Ethereum’s current valuation.
With Shiba Inu currently trading at $0.00001530, portfolios of 100 million, 500 million, and 1 billion SHIB tokens can be purchased with $1,530, $7,650, and $15,300, respectively.
If Shiba Inu eventually clinches the $0.0007 target, the 100 million SHIB portfolio will be worth $70,000, while a holding of 500 million tokens will have a value of $350,000. Similarly, the 1 billion Shiba Inu tokens, currently worth $15,300 at the current price, will be valued at $700,000 if SHIB soars to the $0.0007 target.
100M, 500M, 1B SHIB Worth at $0.005
The $0.005 prediction is a more ambitious target that requires SHIB to soar 32,579% from its current price. Upon hitting this target, Shiba Inu will have a market cap of $2.94 trillion, assuming SHIB’s circulating supply remains relatively stable at 589.25 trillion tokens.
At the $0.005 target, holdings of 100 million, 500 million, and 1 billion SHIB will be valued at $500,000, $2.5 million, and $5 million, respectively.
Is $0.0007 or $0.005 Price Targets Realistic?
The possibility of Shiba Inu reaching these ambitious targets is highly unlikely without significant burns. Although over 410 trillion SHIB tokens have been successfully removed from Shiba Inu’s total supply, Shiba Inu still has a hefty circulating supply of 589.25 trillion tokens. Therefore, the asset requires more burns to clinch the $0.0007 and $0.005 price levels.
Nonetheless, some experts have issued varying predictions regarding when SHIB will rise to these targets. While prediction platform Telegaon forecasts that SHIB will hit $0.0007 by 2030, Changelly experts speculate that the token must wait until September 2034 for this target to play out.
Also, Changelly analysts set a timeline of April 2040 for Shiba Inu’s potential surge to the $0.005 price level. However, Telegaon suggests that SHIB will hit this price level between 2036 and 2039.
