Shiba Inu (SHIB) is one of the most successful cryptocurrency projects in the last four years. The asset has witnessed a significant rise in value since its launch in August 2020. During the 2021 bull run, SHIB’s price rallied by many million percent. Early investors made massive returns with very little capital.
While some believe the SHIB boat has sailed, others think there is still time to make it big with the dog-themed crypto.
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How Can You Become A Millionaire If Shiba Inu Hits $0.000075?
At $0.000075 per coin, you will need about 13,333,333,333.3 (13.33 billion) SHIB tokens. The price of 13.33 billion SHIB right now is about $213,333.33. If the trade is successful, your portfolio’s value will grow by 268.75%.
While the growth would be commendable, it is not something SHIB has not done before. As stated earlier, SHIB’s price rallied by many million percent during the 2021 bull run.
Although SHIB can hit $0.000075, the question is, when will it do so?
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When Will The Memecoin Hit $0.000075?
According to the analysts at Telegaon, Shiba Inu (SHIB) could hit the $0.000075 mark sometime in 2026, about two years from now. The platform anticipates the asset to hit a potential maximum price of $0.0000943 in 2026.
Changelly analysts also present a similar outlook for SHIB. The platform anticipates the asset hitting the $0.000075 mark in 2026 and predicts a potential maximum price of $0.0000859914.
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One of the most significant catalysts for SHIB’s incredible rally in 2021 was Vitalik Buterin’s token burn. Burterin received half of SHIB’s supply upon launch but decided to burn 90% of the tokens he received. Buterin’s actions led to a significant dip in supply and a price rise. If the SHIB team can undertake another significant token burn, we could reach the $0.000075 mark much sooner than anticipated.