Shiba Inu turned an investment of $650 into seven figures during its inception where a truck driver made $1,400,000. Two jobless brothers from New York also made millions of dollars with basic investments in SHIB back in the day. They tasted the success of financial freedom because the dog-themed token surged 85,000,000% between August 2020 to October 2021. This turned SHIB into a worldwide phenomenon where everyone took an entry position thinking it could replicate the run.
Also Read: 1 Million Shiba Inu Costs $11.47: Can It Ever Become $100,000?
Now let’s stay conservative in our approach as the boat that used to generate millions in profits has sailed. Investors will be considered lucky to even get their money doubled in the present economic condition. While the markets are bullish, leading altcoins and meme coins are not rallying in the charts. The focus is elsewhere such as Bitcoin and Ethereum while altcoins are not moving in tandem with BTC’s success.
SHIB to Turn $3,000 Into $1,000? Here’s How High Shiba Inu Must Go Next
Shiba Inu is currently hovering around the $0.00001138 mark and needs to rise another 250% to make an investment of $3,000 turn into five digits. That’s $10,000 and must more than triple in value to get there and reach the designated milestone. For that SHIB needs to reach a high of $0.00003983 to $0.000004 to make $3,000 go above the $10,000 mark.
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The latest price prediction from Changelly indicates that Shiba Inu could rise 250% and reach a high of $0.00004 in 2027. Therefore, investors need to wait two years to make $3,000 turn $10,000 in SHIB. Moreover, the markets are volatile under Trump’s presidency and could move both ways. It is advised to do thorough research before buying SHIB and trade at your own risk. Altcoins are not mirroring Bitcoin’s gains making them rely on their own strength in the cryptocurrency market.