Holding 1 Billion Shiba Inu (SHIB) Tokens Could Rake in Substantial Returns

If the meme coin ever recovered its all-time high price

Shiba Inu (SHIB) has faced significant bearish pressure this year, leading to losses of over 48%. As the meme coin continues to trade below the $0.00001 psychological price mark, most analysts are confident in the asset’s potential to recover the ATH price.

Shiba Inu: What Happens When The Price Hits ATH Again?

As SHIB holds above $0.00001, predictions of a possible price push toward greater levels have emerged, with a rally to the 2021 all-time high often featured in these projections. For context, Shiba Inu attained its all-time high above $0.000088 in October 2021 during the previous cycle’s bull run.

Since then, the meme coin has continued to trade below this mark, with its most prominent recovery in March 2024 only leading to $0.00004563, requiring a 92% further increase to the ATH at the time. Now, SHIB has relinquished the $0.00004, $0.00003 and $0.00001 psychological levels, with a more substantial upsurge necessary to reclaim the ATH.

Despite this, most analysts are confident in the asset’s potential to recover the ATH price. For instance, market watcher “Real CryptoRoy” predicted earlier this year that Shiba Inu could be on track to hit its ATH.

Last December, pundit CryptoSheriff also suggested SHIB would break its ATH in this cycle.

Amid these bullish projections, Shiba Inu wallets holding at least 1 billion SHIB have continued to accumulate more tokens, albeit at a slow pace. Specifically, wallets holding between 1 billion and 100 trillion SHIB held 559.33 trillion tokens at the start of this year. Today, they hold 560.07 trillion, indicating a mild increase of 740 billion tokens.

This accumulation push is an attempt by these investors to capitalize on any price spike, especially as analysts eye the all-time high. However, should Shiba Inu ever reclaim its peak price, what would the return on investment (ROI) be like for investors holding 1 billion SHIB tokens.

Today, an investor looking to amass these 1 billion tokens would need to spend $15,130 at the current price. However, should Shiba Inu reach the all-time high of $0.000088, these 1 billion tokens would be worth about $88,000. This represents an ROI of 481%, translating to returns amounting to above $72,000.

Interestingly, crypto exchange Changelly analysts believe this all-time high price will only materialize in 2029, four years from now. However, the crypto prediction platform Telegaon is more bullish. Analysts at Telegaon expect Shiba Inu to claim its all-time high next year.