This article highlights the potential worth of 100 million Shiba Inu (SHIB) tokens if SHIB hits $0.001 or $0.01, as investors continue to ponder on the value of their tokens should the asset reach these targets.
SHIB has continued to trade in bearish territories for the most part of this year. After dropping below the $0.00001 zone, Shiba Inu has struggled to reclaim and retain the price point. Despite a recent price rebound, the bears remain in control, with most investors facing losses.
However, some market watchers believe the asset is currently trading in its accumulation phase. These analysts emphasize that the current bearishness presents an opportunity for investors to accumulate more SHIB tokens at discounted prices.
The foundation of this sentiment is the belief that Shiba Inu would leverage the upcoming market-wide bull run to recover its losses. While price predictions of $0.001 and $0.01 remain ambitious, some investors have set these prices as targets for years to come.
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100M Shiba Inu at $0.001
Shiba Inu currently trades for $0.00000835, up 2% over the past 24 hours, but down over 90% down from its ATH. Due to SHIB’s reduced value, investors have an opportunity to procure more tokens for less. For instance, purchasing 100 million SHIB at the current price would cost a mere $835.
Should Shiba Inu reclaim the all-time high of $0.00008845, these 100 million tokens would be valued at $8,845, representing a profit of over $8,000. However, the return on investment (ROI) becomes more attractive with a Shiba Inu price of $0.001.
If SHIB ever hits the $0.001 price territory, the worth of the 100 million Shiba Inu tokens would skyrocket to $100,000. This sort of price increase would bring a return on investment of over $99,000. However, it is important to note that the $0.001 target remains very unlikely for SHIB.
100M Shiba Inu at $0.01
While the $0.001 price target is highly unlikely, some proponents have championed a potential rally to $0.01. The $0.01 projection represents one of the most ambitious SHIB price predictions. Despite being near impossible to achieve, the unpredictability of the crypto market has kept investors hoping.
If Shiba Inu claims a $0.01 price, 100 million SHIB tokens would soar to a value of $1,000,000. Recall that these tokens are currently worth $835. At this rate, an investor with such an investment would be sitting on a 119,660% ROI, translating to a profit of $999,165.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/11/25/heres-how-much-you-will-earn-if-you-hold-100-million-shiba-inu-and-shib-hits-0-001-or-0-01/?utm_source=rss&utm_medium=rss&utm_campaign=heres-how-much-you-will-earn-if-you-hold-100-million-shiba-inu-and-shib-hits-0-001-or-0-01