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This article evaluates how much a Shiba Inu investor would need to rake in $50,000, $100,000 or $250,000 in profit if SHIB reaches lofty targets such as $0.0065, $0.02 or $0.19.
Shiba Inu is currently flirting with its 50-day exponential moving average (EMA) at $0.00002486, currently trading for $0.00002470 amid the ongoing market uncertainty. SHIB is currently down 19.68% this month, but optimism among market watchers remains high.
As a result, price projections to audacious targets have prevailed despite SHIB’s current downward trajectory. One of the catalysts behind the sustained confidence is Shiba Inu’s ability to close last month with an impressive 144.75% increase, holding firm above $0.000030.
With these ambitious price projections flooding into the market, investors have continued to ponder on what they need to reach certain investment targets if XRP clinches any of these price levels. The Crypto Basic decided to evaluate these projections, with investment targets bordering on $50,000, $100,000 and $250,000.
How Much Needed to Make $50K, $100K and $250K if Shiba Inu Hits $0.0065
Two weeks back, The Crypto Basic revealed that Shiba Inu could eventually reach the $0.0065 price level after the Bitcoin halving if history repeats itself. For context, SHIB spiked 303,581% from February 2021 following the 2020 halving. After the latest halving, if it captures 10% of this rally, about 30,385%, its price could hit $0.0065.
Should this occur, an investor would need to hold 7,692,307 (7.69 million) SHIB to sit on a $50,000 investment. These 7.69 million tokens are currently worth a mere $190. In addition, at the $0.0065 price, 15.38 million SHIB, currently valued at $380, would yield $100,000.
For investors looking to secure greater profits, especially at the $250,000 mark, they would need to commit a greater initial capital. Notably, if Shiba Inu reaches $0.0065, those seeking to see $250,000 would need to hold 38,461,538 (38.46 million) tokens. These tokens can be procured for $950 at current rates.
How Much Needed to Make $50K, $100K and $250K if Shiba Inu Hits $0.02
Earlier this month, The Crypto Basic spotlighted a report from crypto exchange platform projecting timelines for Shiba Inu to reach $0.0002, $0.002 and $0.02. According to Changelly analysts, SHIB could reach $0.02 by December 2040, essentially 24 years later.
If this materializes, investors eyeing various profit margins must strategize accordingly. For those aiming for a $50,000 gain, they would need to hold 2.5 million SHIB, entailing an initial investment of around $61 based on current prices.
Achieving a $100,000 return would necessitate doubling that amount, totaling 5 million. SHIB. This equates to $123 at present rates. Meanwhile, to hit the $250,000 mark, investors would need a substantial investment of about 12.5 million SHIB, worth $308 at prevailing rates.
How Much Needed to Make $50K, $100K and $250K if Shiba Inu Hits $0.19
It bears mentioning that Shiba Inu recorded a massive 884,400% rally from January to October 2021 shortly after the Bitcoin halving of that year. This rally saw it hit $0.00008845. If it replicates this trajectory following the latest halving, it could reach $0.19, according to a report from The Crypto Basic.
In this scenario, the investment landscape shifts significantly. Investors targeting a $50,000 profit would require a meager 263,157 SHIB, commanding an initial investment of approximately $6.5.
Doubling the investment for a $100,000 return would entail holding 526,315 SHIB, reflecting an initial investment of roughly $13 at current market rates. Finally, to reach the coveted $250,000 mark, investors would need a notable 1,282,051,282 SHIB, which would translate to an investment of approximately $250,000.
In essence, as Shiba Inu’s token value escalates, investors must adapt their investment strategies to meet their desired profit targets. However, it is important to note that these targets are highly audacious, and SHIB might never reach them. As a result, these projections should not be considered investment advice.