Shiba Inu rallied nearly 25% during the weekend and briefly deleted its fifth ‘zero’ before getting back to the $0.000009 range. SHIB is now back to five ‘zeroes’ on Monday and the token remains affordable to investors despite the price rise. The dog-themed token is gearing up for Shibarium’s launch which could propel its price further up in the charts.
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Therefore, accumulating Shiba Inu tokens before the launch of the Shibarium layer-2 network might be a better choice. SHIB might rally in the days leading up to the Shibarium release and could generate decent returns for investors.
Shiba Inu: Becoming a SHIB Millionaire Will Only Cost You $10
Shiba Inu is currently trading at $0.00000925 and down 4.4% in the last 24 hours. Therefore, taking an entry position into SHIB today could make investors accumulate 1 million tokens for only $10. To keep it precise, you can purchase 1,081,081 million Shiba Inu tokens today for a price of $10.
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If SHIB reaches the $0.01 milestone someday in the future, the $10 investment made today could turn into $10,810. That’s an uptick and returns on investment (ROI) of approximately 110,000%. The last time investors could accumulate 1 million SHIB tokens for $10 was in March 2023. The opportunity to purchase Shiba Inu at cheaper prices could remain for many more months.
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Also, the millionaire status with a $10 investment is through token accumulation only and not by the dollar’s value. Nonetheless, there is no guarantee that SHIB could spike in price in the coming months or years. It is advised to do thorough research before taking an entry position into SHIB during this time. At press time, SHIB was trading at $0.00000995 and was down 9.4% in the 24-hour day trade. SHIB is also down 89.25% from its all-time high of $0.00008616, which it reached in October 2021.