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How many tokens does Shiba Inu need to hit $001 in order to become a millionaire?


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    Shiba Inu holders ‘financially fantasize’ about only one thing: ‘When will SHIB reach $0.01’. The 1 Cent Dream is real and the pursuit of the goal brings out a flurry of emotions. While some investors reveal they’ll quit their jobs if Shiba Inu reaches $0.01, others claim they can afford to purchase their first home.

    Watcher Guru had exclusively interviewed SHIB holders previously about what would they do if the token reaches $0.01. Read here to know about how their dreams would unfold if SHIB reaches the 1 Cent milestone.

    Also Read: Shiba Inu: An Investment of $17 Turns to $6.9 Million in 8 Months

    However, even if SHIB reaches $0.01, not every holder will end up being a millionaire. The stakes to become a millionaire if SHIB reaches the 1 Cent mark is to hold a ‘set’ amount of tokens. If owning the ‘set’ amount of tokens is not met, you would not be a millionaire even if SHIB hits $0.01.

    In this article, we will discuss how many tokens you need to hold to earn $1 million if SHIB reaches $0.01.

    Also Read: Shiba Inu Ecosystem Collapses 60% During the Crypto Crash

    1 Cent Dream Shiba Inu
    Source: Pixabay

    Shiba Inu is trading at $0.00001010 in the indices on Friday. Therefore, SHIB needs to spike 83,000% from its current price to reach the 1 Cent mark.

    At the current level of $0.00001010, an investment of $1,200 can turn investors into millionaires if it reaches $0.01.

    Source: Coingecko.com

    For a price of $1,200, investors get to accumulate 118,811,881 tokens (118.8 million SHIB tokens). Therefore, the 118.8 million SHIB tokens would turn to $1,188,118 ($1.1 million) when Shiba Inu reaches $0.01.

    In conclusion, an investment of $1,200 today when Shiba Inu is at $0.00001010 can get you 118 million SHIB tokens. The 118 million SHIB tokens would be worth $1.1 million on the day SHIB reaches $0.01.

    Also Read: Shiba Inu: Bone Slips Below $1 Ahead of Shibarium Documentation Launch

    At press time, SHIB was trading at $0.00001010 and is up 3.5% in the 24 hours day trade. It is down 88.3% from its all-time high of $0.00008616, which it reached in October last year.

    Sources


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