Heres a guide on how to potent

es HER here ID IDE 2023-11-21 50


Here’s a guide on how to potentially make $20 million if Shiba Inu (SHIB) reaches $0.01:

Shiba Inu (SHIB) has seen investors dream of substantial gains, despite a decline since its peak in October 2021. The community, known as the SHIB Army, remains committed to realizing the "1-cent dream."

If SHIB achieves $0.01, it would signify a remarkable growth of approximately 115909%. To reach a value of $20 million at $0.01 per token, an investor would require 2,000,000,000 (2 billion) SHIB, currently priced around $17,240. Achieving this target would result in a substantial return on investment (ROI).

However, the journey to $0.01 is expected to be challenging, demanding patience and perseverance. Projections suggest SHIB might reach $0.01 between 2040 and 2050, a span of 16-26 years.

Additionally, reaching $0.01 hinges on reducing circulating tokens significantly. SHIB presently has about 589 trillion circulating tokens, and achieving a $0.01 value would lead to an incredibly high market cap. The SHIB team is reportedly working on a new token burn mechanism, aiming to burn trillions of tokens annually. Successful implementation of this mechanism could expedite the path to reaching the $0.01 target.

Furthermore, to witness a substantial price rise, the project needs increased demand. SHIB's lead developer emphasized that token burns alone might not influence the token's price unless paired with heightened demand for the memecoin.