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This article evaluates the amount of XRP, Shiba Inu (SHIB), and VeChain (VET) tokens required for an investor to rake in $1M, $5M, or $10M if these tokens hit their respective ATHs.
Amid the market turbulence, crypto investors are looking out for assets with the potential to reclaim their previous ATHs when the bull run begins. These assets of interest include XRP, Shiba Inu (SHIB), and VeChain (VET).
However, should these assets recover the gains leading to their previous all-time highs, how much would an investor need to hold to sit on substantial investments to $1 million, $5 million, or $10 million?
XRP Needed to Make $1M, $5M, or $10M if XRP Hits $3.8
XRP reached an all-time high (ATH) of $3.8 in January 2018. For investors to achieve their desired returns when the asset reclaims this price point, these are the numbers to keep in mind:
To sit on a $1 million investment if XRP reaches $3.8, you would need to hold 263,157 XRP tokens. These tokens are currently available for $127,789 at XRP’s current price. For $5 million, an investor must hold 1,315,789 XRP when it clinches $3.8. These tokens are currently worth $638,947.
To secure a $10 million return when XRP reaches $3.8, you must hold 2,631,578 tokens. At XRP’s current trading price of $0.4856, these tokens can be acquired for $1,277,894.
Shiba Inu Needed to Make $1M, $5M, or $10M if SHIB Hits $0.00008845
Shiba Inu made headlines when it reached an all-time high (ATH) price of $0.00008845 in October 2021 during the 2021 bull market. However, the asset has declined, currently down 92% from the price point. Nonetheless, the community keeps the hope of recovery alive.
To make a million dollars when SHIB recovers the $0.00008845 ATH, you must hold 11,305,822,498 (11.3 billion) SHIB tokens. At Shiba Inu’s current price of $0.00000702, these 11.3 billion tokens are worth $79,366.
For a $5 million return when SHIB recovers the $0.00008845 price point, an investor must hold 56,529,112,492 (56.5 billion) SHIB tokens. These 56.5 billion tokens are currently worth $396,834.
Those looking to claim ten million dollars would have to hold 113,058,224,985 (113 billion) SHIB tokens when the token reclaims its ATH. The 113 billion tokens can be procured for $793,668 at SHIB’s current prices.
VeChain Needed to Make $1M, $5M, or $10M if VET Hits $0.27
VeChain (VET) reached a price of $0.27 in April 2021 as its all-time high value, but it has since faced a 94% decline. Amid several partnerships and ecosystem developments, market watchers have positioned VET to recover this price level.
To sit on a $1 million investment when VET reclaims the $0.27 price point, you would need to hold 370,370 VET tokens. These 3,703,703 (3.7 million) tokens can be purchased for $61,111.
For a $5 million return, an investor must hold 18,518,518 (18.5 million) VET when VET hits $0.27. These 18.5 million tokens are currently worth $305,555 as of press time. To rake in $10 million in profit, you must hold 37,037,037 (37 million) VET when the token reaches $0.27. These tokens are currently worth $611,111.
These calculations clearly show the amount required to meet your financial goals should XRP, Shiba Inu, and VeChain reclaim their ATHs. However, there is no certainty that these tokens can recover their ATHs. As a result, any investor looking to make an investment decision should conduct thorough research.