The price of Shiba Inu has hit its lowest point this year, currently trading at $0.00000860 after adding an extra zero in May. This sharp decline has caused concern for SHIB holders as their investment has steadily decreased over the last 30 days. However, some new investors and holders are taking advantage of the dip to accumulate SHIB tokens at the lowest price of the year.
These individuals believe that Shiba Inu has the potential to reach $0.01 in the future, making this a good opportunity to invest in the cryptocurrency at a low price.
Shiba Inu’s Future Potential: How an Investment of $900 in SHIB Could Result in $1 Million if the Cryptocurrency Reaches $0.01
At present, Shiba Inu is trading at $0.00000860, experiencing a 3.2% decline in the 24-hour day trade. As a result, a $900 investment could allow investors to accumulate approximately 103,806,228 (103 million) SHIB tokens.
If investors hold onto their portfolio for the long term and wait for the markets to enter the bull territory, the 103 million SHIB tokens purchased for $900 could potentially reach new highs. If the value of SHIB reaches $0.01 in the future, investors could make significant gains.
In the event that Shiba Inu reaches $0.01 in the future, the 103,806,228 SHIB tokens purchased for $900 today could potentially be worth $1 million, resulting in an ROI of approximately 120,000%. This represents a significant increase in value from the current price of $0.00000860.
To sum up, by investing $900 in Shiba Inu at its current price of $0.00000860, an investor could acquire 103 million SHIB tokens. If the price of SHIB eventually reaches $0.01, the value of these tokens would be approximately $1 million, resulting in a potential return on investment of around 120,000%. Nonetheless, it is uncertain whether SHIB will ever hit the $0.01 target, and there is no guarantee that investors will make a profit.