Advocates for the meme-inspired cryptocurrency Shiba Inu (SHIB) remain steadfastly bullish on the asset’s long-term growth trajectory, setting ambitious price targets, including $0.0009 or $0.009. These supporters point to SHIB’s history of explosive upside movements as justification for their optimistic projections.
At the time of writing, SHIB trades at $0.000008782, representing an 89.8% decline from its all-time high of $0.00008845 set in late 2021. However, backers view the recent protracted drawdown as an opportunity to build positions ahead of the next parabolic bull run.
This article examines estimated gains for SHIB investors given various token holdings across two hypothetical target prices: $0.0009 and $0.009.
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Potential ROI for Shiba Inu holders at $0.0009
Should SHIB ascend to $0.0009 in the years ahead, an investor holding 10 million coins could expect a value of $9,000, compared to just $87.8 today. This would unlock a return of nearly $8,915.
Meanwhile, current owners of 100 million Shiba Inu would see their tokens valued at $90,000. This transforms an $878 investment into $89,055 in profits.
Potential ROI for holders at $0.009
At the upper bound of $0.009 per coin, returns inflate dramatically across all investment levels. Just 10 million SHIB would amount to $90,000, turning less than $100 into nearly $90,000 in gains.
Stepping up to 100 million tokens, owners could expect a position worth $900,000 compared to $878 today. This in turn unlocks total profits nearing $900,000.
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In summary, while short-term price action remains lackluster and uncertain, SHIB proponents are betting on the chances of history repeating itself and the asset reclaiming its prior highs.
If such exponential growth materializes once more, even small token allocations stand to morph into tremendously valuable holdings at new all-time-high price levels. Hence the unrelenting optimism that pervades the project’s investor base during this extended downtrend as visions of forthcoming parabolas continue captivating adherents.