How much do you need to make $10K, $30K and $50K if Shiba Inu hits $0.0005 and $0.005

This analysis examines how much to invest in Shiba Inu to earn $10K, $30K or $50K if the price reaches $0.0005 or $0.005.

The Shiba Inu is among the assets that have delivered life-changing returns for investors, especially those who have remained steadfast. Currently, Shiba Inu is trading at $0.000027, reflecting a year-to-date growth of 161%.

Although it still trades with four leading zeros, market analysts have highlighted the possibility of SHIB eliminating another zero in the near future. This article explores how investors could leverage the Shiba Inu to collect lump sums of $10K, $30K and $50K if the price reaches higher levels such as $0.0005 or $0.005.

How much do you need to make $10K, $30K and $50K if Shiba Inu hits $0.0005

When Shiba Inu is trading at $0.000027, it would require a growth of 1.751% to reach the $0.0005 price point. To take advantage of this 18x price expansion, an investor must hold 20 million units of SHIB tokens. At Shiba Inu’s current market cap, 20 million tokens cost $540.

Basically, an investor would have to commit $540 to acquire 20 million SHIB tokens to earn $10,000 in the future if the price were to rise to $0.0005 per share. token.

Meanwhile, to see a return of $30,000 from Shiba Inu at the $0.0005 price, one would need three times as many SHIB tokens. To acquire 60 million SHIB tokens today costs $1,620.

Similarly, the $50,000 target requires five times more capital, at $2,700, as an investor would need 100 million Shiba Inu tokens today to position themselves for the $50K target.

Earn $10K, $30K and $50K if Shiba Inu hits $0.005

Meanwhile, optimism for the Shiba Inu to cancel even more zeros and trade as high as $0.005 is rife in the crypto community. For context, it would take an astronomical 18,418% price increase to reach $0.005 from Shiba Inu’s current market cap. This essentially implies a massive 184 times return on the original investment.

In this case, earning $10,000 from Shiba Inu would require holding 2 million SHIB tokens, which costs only $54 today. Likewise, it requires an investment of $162 or having 6 million SHIB tokens to earn $30,000. To realize $50,000 from Shiba Inu at a price of $0.005, an investor needs 10 million tokens, which costs $270 today.

When can Shiba Inu reach $0.0005 and $0.005?

In May, an analyst using Elliott Wave Theory suggested that Shiba Inu could reach $0.0005, citing the completion of a fifth wave on the weekly chart. The analyst predicted that SHIB will recover from previous losses and potentially rise to $0.0005059. This projection suggests that this price level can be achieved in the 2025 season.

However, analysts at Telegaon predicted a six-year timeline for Shiba Inu to reach $0.0005. Analysts at Changelly also agree with this timeline, but they suggested a seven-year window.

As for the more ambitious $0.005 level, Telegaon suggested a 2024 timeline, while Changelly analysts don’t see the projection materializing in the foreseeable future.

Disclaimer: This content is informative and should not be considered financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect The Crypto Basic opinion. Readers are encouraged to conduct thorough research before making investment decisions. Crypto Basic is not responsible for financial losses.