The 1 cent dream is alive, and the ambition for Shiba Inu to reach $0.01 could remain for decades. Early investors made millions with a mere $1,000 investment into SHIB, changing their financial fortunes for good. However, chances of making more than $1 million could remain in reach even for investors who entered the token late.
According to our calculation, investors can make $2.5 million with a $3,000 investment into Shiba Inu today. The millions could come when SHIB reaches the magical number of $0.01.
However, this is for the long-term holders only who don’t mind waiting for years or decades to reach the desired goal.
In this article, we will highlight how a $3,000 investment today in SHIB could turn into $2.5 million. The key to this could open up only when it reaches the 1 cent milestone.
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Shiba Inu: How To Earn $2.5 Million With A $3,000 Investment?
Shiba Inu is currently trading at $0.00001200 in the indices on Thursday. Therefore, SHIB needs to spike 85,000% from its current price to reach the 1 cent mark.
For $3,000, investors get to accumulate 250,626,566 tokens (250.6 million SHIB tokens) at today’s price. If these tokens are held for the long term, the $3,000 invested in 2023 could fetch $2.5 million whenever it touches $0.01.
Therefore, the 250.6 million SHIB tokens would turn to $2,506,265 ($ 2.5 million) when Shiba Inu reaches $0.01.
In conclusion: 0.01(target price) x (tokens held) 250,626,566 comes to a total of $2,506,265 when the goal is achieved.
The million-dollar question now arises is ‘when will Shiba Inu reach the 1 Cent mark?’ Read here for a realistic price prediction on when that could occur.
Also Read: VeChain vs. SHIB: Which Crypto Has Fetched Greater Returns in 2023?
At press time, Shiba Inu was trading at $0.00001200 and is down 3.5% in the 24 hours day trade. SHIB is also down 86.06 from its all-time high of $0.00008616, which it reached in October last year.