Shiba Inu (SHIB) has turned several early investors into multi-millionaires and, in some rare cases, even billionaires. SHIB’s incredible performance during the 2021 bull run made it one of the best-performing cryptocurrencies of the last four years.
Since its launch in August 2020, till it hit an all-time high in October 2021, SHIB’s price rallied by many million percent.
How Can You Be a Billionaire With SHIB by 2030?
Changelly’s Prediction
According to Changelly, Shiba Inu (SHIB) could hit a maximum price of $0.00036 in 2030. To have one billion dollars worth of SHIB at $0.00036 per coin, you will need about 3,333,333,300,000 (3.33 trillion) coins.
Currently, the price of 3.33 trillion SHIB is about $43,333,333.33 ($43.33 million). If successful, your investment would grow by about 2207%.
Also Read: Shiba Inu: Can SHIB Rally 700% And Hit $0.00008 In 2024?
Telegaon’s Prediction
Telegaon analysts are more bullish on SHIB. The platform predicts the asset to hit a maximum price of $0.0007 in 2030. To have a billion dollars worth of SHIB at $0.0007 per coin, you will need about 1,428,571,428,571.4 (1.42 trillion) coins.
The price of 1.42 trillion SHIB is about $18,571,428.57 ($18.5 million). If successful, your portfolio’s value will grow by about 5284%.
Can the memecoin hit $0.0007 much sooner?
The project’s massive supply is one of the most significant hurdles to Shiba Inu’s (SHIB) price. About 589 trillion SHIB tokens are in circulation.
One of the biggest catalysts for SHIB’s stellar performance in 2021 was Ethereum co-founder Vitalik Buterin’s massive SHIB burn.
Buterin received half of SHIB’s supply upon launch but decided to burn 90% of the tokens he received.
Also Read: Shiba Inu: Forbes Predicts When SHIB Will Rise 670%, Hit $0.0001
If the SHIB team can drastically reduce the project’s supply, we may hit the $0.0007 mark much sooner than predicted.