Shiba Inu (SHIB) Investors with $1K to $10K Could Grow Their Holdings into Six Figures If the Token Cancels More Zeros

Shiba Inu investors with $1K to $10K could grow into six figures if the token cancels more zeros and reaches a trillion-dollar market cap.

The meme token is known for making early investors millionaires during its historic price run in the 2020/2021 cycle. Now, as expectations are high for a repeat of history, this article analyzes how Shiba Inu holdings of $1,000, $5,000, and $10,000 could potentially grow to $115K, $580K, and $1 million, respectively.

Turning $1K, $5K, and $10K in Shiba Inu Today Could Make You a Millionaire in 10 Years

At press time, Shiba Inu is trading at $0.00001466, up 3% over the past 24 hours. At this price, $1,000 could buy approximately 68,210,000 SHIB tokens. This portfolio would rise to a value of $115K if the price of SHIB reaches $0.0017.

This would represent a 115-fold return on investment, requiring an extraordinary price increase of 11,496%. To put this in perspective, analysts at Telegaon predict that Shiba Inu could reach the $0.0017 level, also known as a "trillion-dollar market cap," in ten years.

Crypto enthusiasts investing $5,000 in Shiba Inu today could see even greater upside at this same price. Notably, $5,000 could buy around 341,070,000 SHIB tokens. This portfolio could be worth $579,126 if the token’s price hits $0.0017.

Similarly, investors allocating $10,000 to Shiba Inu today could potentially achieve millionaire status if the token reaches $0.0017.

For instance, at the current price of $0.00001466, $10,000 would purchase 682,120,000 SHIB tokens. At $0.0017, this portfolio would be worth approximately $1.158 billion.

Can SHIB Reach a $1 Trillion Market Cap?

Currently, only Bitcoin has a trillion-dollar market cap. Its closest rival, Ethereum, lags far behind with a market cap of around $220 billion. On the other hand, Shiba Inu’s market cap is significantly lower, currently standing at approximately $8.5 billion.

Essentially, reaching the $1 trillion threshold would be a monumental challenge for Shiba Inu.

While there are strong opinions on both sides, crypto prediction platforms suggest it could take Shiba Inu up to 15 years or until 2040 to reach the $0.0017 price point required for a $1 trillion market cap, assuming the supply remains unchanged.