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Here’s How Much $1000 in Shiba Inu Would Be Worth Today If SHIB Reached $0.0003 or $0.003
Market participants who pledge $1,000 to Shiba Inu today could see their investments skyrocket to substantial levels if SHIB hits $0.0003 or $0.003.
Shiba Inu currently changes hands at $0.00002240, down 75% from its all-time high of $0.00008845 and 51% from the yearly peak of $0.00004567 reached two months ago. While the SHIB fell 27% last month and is now holding steady this month, this bearish momentum is not unique.
A tendency to accumulate
Notably, the broader cryptocurrency market is also witnessing a similar downtrend, with prices plummeting to two-month lows. Despite the downward pressure, investors remain confident in the possibility of a recovery. As a result, most of them used this downtrend as a redemption opportunity.
Earlier this month, The Crypto Basic attracted attention to the accumulation of as many as 1.75 trillion SHIB tokens by a giant whale, taken from the US trading platform Robinhood. Last month, another whale talk procured 237 billion Shiba Inu following the breaking of a symmetrical triangle.
This accumulation trend is supported by confidence that prices will recover, with some projections predicting that Shiba Inu will surpass its all-time high and one day reach the $0.0003 and $0.003 price levels.
Worth $1,000 if Shiba Inu at $0.0003 and $0.003
Due to the price surge needed to achieve these goals, a trader who commits $1,000 at the current price could see his investment reach substantial levels if the price levels become reality. For context, $1,000 invested Shiba Inu today it would provide 44,642,857 (44.6 million) tokens. This shows how undervalued SHIB is at the current price.
If Shiba Inu breaks this downtrend and reaches the $0.0003 price level, the 44.6 million tokens would see their value rise to $13,392, with returns of $12,392 and a whopping 1,239% ROI. Meanwhile, a price increase of $0.003 will bring the value of these SHIB tokens to $133,928, marking a profit of $132,928.
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Expected Timing of Shiba Inu Reaching $0.0003 and $0.003
While achieving these goals may be challenging for Shiba Inu, cryptocurrency exchange resource Changelly recently laid out timelines for achieving them. According to analysts at Changelly, SHIB could break above $0.0003 and reach a high price of $0.000303 in September 2030.
In the same article, analysts predict a trajectory that would see Shiba Inu rise to ever higher levels as the years go by. They expect SHIB to break above a further zero by January 2040, but see it reaching the $0.003 price territory only in February 2040, where it is expected to trade at an average price of $0.00317.
Meanwhile, in January, The Crypto Basic questioned AI chatbots Google Bard and ChatGPT expect Shiba Inu to reach $0.0003 and $0.003. Google Bard predicted that SHIB could reach $0.0003 in 2 years and $0.003 in 20 years. For ChatGPT, $0.0003 could take four to five years and $0.003 seven to ten years.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
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