How much you need to make ,000, ,000 and ,000 when Shiba Inu reaches alt=

How much you need to make $10,000, $30,000 and $50,000 when Shiba Inu reaches $0.0005 and $0.005

This analysis examines how much one needs to invest in Shiba Inu to earn $10,000, $30,000 or $50,000 when the price reaches $0.0005 or $0.005.

Shiba Inu is among the assets that have provided life-changing returns to investors, especially those who have remained steadfast. Currently, Shiba Inu is trading at $0.000027, up 161% year-to-date.

Although it is still trading with four leading zeros, market analysts have highlighted the possibility that SHIB will eliminate another zero in the near future. This article examines how investors could use Shiba Inu to accumulate lump sums of $10,000, $30,000, and $50,000 if the price reaches higher levels such as $0.0005 or $0.005.

How much you need to make $10,000, $30,000 and $50,000 when Shiba Inu reaches $0.0005

Since Shiba Inu is trading at $0.000027, it would require 1,751% growth to reach the $0.0005 price. To benefit from this 18x price increase, an investor would need to hold 20 million units of SHIB tokens. At Shiba Inu’s current market value, 20 million tokens cost $540.

Essentially, an investor needs to commit $540 to purchase 20 million SHIB tokens in order to earn $10,000 in the future should the price rise to $0.0005 per token.

On the other hand, to earn a return of $30,000 from Shiba Inu at $0.0005, you need to own three times as many SHIB tokens. Acquiring 60 million SHIB tokens costs $1,620 today.

Likewise, the $50,000 target requires five times the capital at $2,700, as an investor today needs to hold 100 million Shiba Inu tokens to position for the $50,000 target.

Earn $10,000, $30,000 and $50,000 when Shiba Inu reaches $0.005

Meanwhile, there is optimism in the crypto community that Shiba Inu will cross out even more zeros and trade as high as $0.005. For comparison, if Shiba Inu’s current market value reached $0.005, it would require an astronomical price increase of 18,418%. This essentially means a massive 184x return on the original investment.

In this case, you would have to own 2 million SHIB tokens to make $10,000 with Shiba Inu, which only costs $54 today. To earn $30,000 requires an investment of $162 or ownership of 6 million SHIB tokens. To receive $50,000 of Shiba Inu at a price of $0.005, an investor must own 10 million tokens, which costs $270 today.

When can Shiba Inu reach $0.0005 and $0.005?

In May, an analyst using Elliott Wave Theory suggested that Shiba Inu could reach $0.0005, citing the completion of a fifth wave on the weekly chart. The analyst predicted that SHIB will rebound from previous losses and potentially rise to $0.0005059. This forecast suggests that this price level will be achievable in the season until 2025.

However, analysts at Telegaon predicted that Shiba Inu would reach $0.0005 within six years. Changelly analysts also agree with this timeline, but suggest a time frame of seven years.

For the more ambitious level of $0.005, Telegaon suggested a timeline until 2024, while analysts at Changelly do not expect the forecast to materialize any time soon.

Disclaimer: This content is for informational purposes and should not be considered financial advice. The views expressed in this article may contain the personal opinion of the author and do not reflect the opinion of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions. The Crypto Basic assumes no liability for any financial losses.

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