Here’s How To Be A Billionaire When SHIB Hits $0.01

On Aug 22, 2024

There are scores of stories about people making it big with Shiba Inu (SHIB). Investors who got a whiff of the project in its early days made millions of dollars in profit and, in some cases, even billions. These rags-to-riches stories skyrocketed SHIB’s popularity among new investors who wanted to make it big within the crypto space.

While many believe that the Shiba Inu (SHIB) boat has sailed, others still think there is time to gain massive profits. Let’s look at how you can make a billion dollars when SHIB hits $0.01.

Also Read: Shiba Inu: SHIB’s Price If Its Market Cap Equals Ethereum’s

How Can You Be a Billionaire When SHIB Hits $0.01?

To have a billion dollars worth of SHIB at $0.01 per coin, you will need 100,000,000,000 (100 billion) coins. The price of 100 billion SHIB right now is about $1,410,000 ($1.41 million). If this trade is successful, your portfolio’s value will have grown by nearly 70,822%.

Also Read: Shiba Inu: Here’s How You Can Be a Millionaire With SHIB by 2025

Rallying by more than 70,000%

Rallying by more than 70,000% is not something Shiba Inu (SHIB) has not done before. Since its launch in August 2020, till it hit an all-time high of $0.00008616 in October 2021, SHIB’s price rallied by many million percent.

When Will The Memecoin Hit $0.01?

While SHIB has rallied by many million percent during the 2021 bull run, several factors helped push the asset’s price. One of the most significant catalysts to SHIB’s 2021 rally was Ethereum co-founder Vitalik Buterin’s massive token burn.

Also Read: Shiba Inu: Will SHIB Be Able To Hit $1 Mark By 2050?

Buterin received half of SHIB’s supply upon launch but decided to burn 90% of the coins he received. His actions substantially helped SHIB’s price. A similar token burn could lead to another 2021-like rally for the asset.