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As Shiba Inu maintains a price above the $0.000025 mark, here is how much an investor needs to make $1 million if SHIB ever reaches $0.00015 and $0.0052.
Shiba Inu has also faced the turmoil observed in the broader market. However, while it has given up the psychological support levels at $0.00004 and $0.00003, SHIB has shown resilience above the $0.000025 price territory, hedging against any drops below it.
The Crypto Basic recently reported that Shiba Inu is about to retest the $0.000025 zone amid the persistent downturn it has observed. Nonetheless, should this occur, it would lead to a more bullish outcome, as SHIB would likely leverage the $0.000025 support as a launchpad to higher price points.
Market participants and analysts have presented multiple targets for when this breakout materializes. Some of these projections involve a rally to $0.00015 and the more audacious $0.0052. Hitting these price targets would lead to new all-time highs for Shiba Inu.
Expectedly, the prospect of witnessing price points such as these has resulted in increased optimism among investors. As a result, multiple whale addresses have continued to accumulate more SHIB tokens at the current discounted prices.
SHIB Needed to Make $1M if Shiba Inu Hits $0.00015 or $0.0052
With these ambitious price levels in mind, some investors speculate the amount required at current prices to reach a $1 million investment if Shiba Inu clinches them. Notably, SHIB would need to rally by as much as 447% from its current price of $0.00002739 to reach $0.00015.
At the $0.00015 price, an investor would need to hold 6.6 billion SHIB tokens to sit on $1 million. These 6.6 billion tokens are currently worth $182,599 at Shiba Inu’s present price, presenting an astute opportunity for a purchase at a massive discount. Such an investment would yield a profit of $817,401.
Meanwhile, for investors looking to see their holdings skyrocket to $1 million when Shiba Inu reaches the $0.0052 level, they would need to procure 192,307,692 (192.3 million) SHIB. These 192.3 million tokens are currently worth a discounted price of $5,267, presenting an opportunity for a $994K+ yield.
Can SHIB Reach These Targets?
While the prospect of these yields seems enticing, it is important to note that a price increase to any of these targets is not a guarantee. There are currently divided opinions on the possible timelines for these targets.
For instance, Changelly analysts expect SHIB to reach $0.00015 in June 2028, predicting $0.000151 to be its maximum price in this month. In addition, the analysts see SHIB clinching $0.0025 in April 2040, in the next sixteen years. Nonetheless, these projected timelines remain speculative.