How Much SHIB Needed to Make $1B if SHIB Hits $0.01 or $0.1

Despite a mild recovery over the weekend, Shiba Inu (SHIB) continues to trade within the grip of the bears. This is due to the bearish pressure

Cryptocurrency investors might need large quantities of SHIB tokens to reach the ambitious $1 billion target if Shiba Inu (SHIB) ever reaches the $0.01 or $0.01 price levels.

Despite a slight recovery over the weekend, SHIB continues to experience bearish pressure as Bitcoin (BTC) and other leading altcoins attempt to recover from recent losses.

Shiba Inu has struggled to maintain prices above $0.000013 amid the mild rebound. However, market analysts remain optimistic about SHIB’s overall prospects despite the current bearish atmosphere. As a result, several ambitious price projections have emerged recently.

Among these projections are the audacious $0.1 and $0.01 price targets. These price levels represent goals analysts expect Shiba Inu to reach in the long term, possibly in the next two market cycles or later. As these projections emerge, investors are ramping up their holdings.

How Much SHIB Needed to Make $1B if SHIB Hits $0.01 or $0.1

Recently, The Crypto Basic reported on a whale address that acquired 397 billion SHIB tokens. Additionally, Santiment confirmed last month that whales had accumulated over 6 trillion SHIB within 30 days.

This accumulation trend indicates that whales are still hoping for further SHIB gains. Amid the optimism, The Crypto Basic recently assessed how much these whales must hold if they wish to hit $1 billion at the $0.01 and $0.01 ambitious targets.

Notably, if Shiba Inu hits $0.01, 100 billion tokens would be worth $1 billion. These 100 billion tokens can be purchased at $1.346 million at the current price.

Meanwhile, if SHIB ever reaches $0.1, only 10 billion tokens would be worth $1 billion. The 10 billion SHIBs are currently valued at $134,600.

Shiba Inu $0.01 and $0.1 Price Predictions

While the evaluation presents an attractive investment opportunity, the biggest concern is Shiba Inu’s ability to hit these targets. Several pundits have argued that SHIB is capable of reaching these goals. For instance, last month, market commentator Luis “Del Crxpto” Delgado highlighted Dogecoin’s historical achievement years ago.

Notably, the original meme coin traded for $0.00056 at some point but later spiked to a high of $0.01, surprising investors. Del Crxpto suggested that Dogecoin showed that the impossible can be possible.

The pundit’s remarks align with his sentiments around Shiba Inu. Speculations suggest that SHIB is also capable of hitting similar milestones. Meanwhile, AI chatbot ChatGPT suggested Shiba Inu could reach $0.1 in 2029, five years from now.

However, multiple industry commentators contend that such prices are impossible for Shiba Inu. The major factor posing a roadblock to SHIB’s ability to hit these targets is its massive supply.