The Shiba Inu (SHIB) market saw a slight surge of 2% over the past 24 hours. At press time, the second-largest meme coin was trading at $0.00001433. Since its August 5 low of $0.00001078, SHIB has surged by 30.54%. This way, it has recovered losses from the early August crypto crash.
Also Read: AI Sets Shiba Inu (SHIB) Weekend Price (August 31st-September 1st)
Shiba Inu’s Potential for Millionaire-Making Returns
The meme coin is 83% below its all-time high of $0.00008845. SHIB reached this level back in October 2021, around three years ago. Even though its current price levels and disparity with its peak, Shiba Inu still possesses the ability to create millionaires.
Also Read: Gold Prices Trade Safe Above $2,500 as US Dollar Risk Looms
When Can an Investor Expect Returns on $1000 Invest in Shiba Inu?
The Shiba Inu market has heard several stories of the average Joe turning into a millionaire or even a billionaire. The meme coin has had more downs than ups in recent years, but things might improve between 2035 and 2040.
Future Predictions for Shiba Inu
According to Telegaon, SHIB will finally achieve its $0.01 dream in 2040. Around the same year, the meme coin is expected to hit the $0.05 mark. Given that its current price is around $0.000014, a $1,000 investment might fetch around 70 million tokens.
The 70 million SHIB tokens in 2040 would witness a major spike. If the meme coin hits the $0.05 zone that year, 70 million tokens would be worth about $3.78 million. This further proves that SHIB can still create millionaires and possibly billionaires in the future.
Also Read: Cardano: Chang Fork Schedule For September 1st, Will ADA Peak Then?
But this time, investors must be patient and hold on to their SHIB. The possible returns could be life-changing for many.