Investing $100 monthly into Shiba Inu (SHIB) over the next 20 years could lead to substantial returns, especially if SHIB manages to eliminate two zeros from its current price and hits the $0.001 mark. Recently, Shiba Inu reclaimed the price level of $0.000013 on July 10, marking its first time above this level since June 11. As the price surged, many investors have started considering the potential earnings if Shiba Inu reaches $0.001 in the coming years.
Shiba Inu’s Path to $0.001
Analysts such as Crypto Sheriff and LuckSide Crypto predict that Shiba Inu could surge to the $0.001 price target. In October 2024, Crypto Sheriff suggested that Shiba Inu had broken free from a descending triangle chart pattern, a move he anticipated would push SHIB’s price to $0.001. LuckSide Crypto also supported this idea, highlighting factors like increased whale activity and minimal upside resistance as key drivers that could propel SHIB towards $0.001.
Earlier this year, experts speculated that Shiba Inu could reach the $0.001 target by August 2042, assuming a consistent annual price increase of 30%. However, SHIB is currently trading far from this target at around $0.0000134. To hit $0.001, Shiba Inu would need to surge by 7,362% from its current price, which would push its market cap to $589 billion, surpassing Ethereum’s current valuation.
What a $100 Monthly Investment in Shiba Inu Could Yield
Let’s explore how a $100 monthly investment into Shiba Inu could fare over the next 20 years if SHIB eventually reaches $0.001.
Over a period of 240 months (20 years), a $100 monthly investment would total $24,000. Assuming the price of Shiba Inu stays relatively stable at $0.000013, a monthly investment of $100 would accumulate a total of 1,846,153,846 (1.84 billion) SHIB tokens.
If Shiba Inu reaches $0.001, these 1.84 billion tokens would be worth approximately $1.84 million. Of course, it is highly unlikely that the price of SHIB will remain at $0.000013 for the next 20 years. As the price fluctuates over time, each $100 investment will buy fewer SHIB tokens when the price rises and more tokens when the price falls. This is where the strategy of dollar-cost averaging (DCA) becomes valuable, as it helps to smooth out the impact of volatility over the long term.
Related article: SHIB Burn Rate Explodes 41,000% as New AI Whitepaper and Bull Flag Signal Potential Price Breakout
Can Shiba Inu Reach $0.001?
The key question for investors is whether Shiba Inu will ever reach the $0.001 target. Hitting this milestone would significantly increase its market cap, pushing it to $589 billion. However, some experts believe that for SHIB to achieve such a lofty target, it will require widespread adoption and significant token burns. Without these factors, reaching the $0.001 mark could be a challenge.
Despite the uncertainties, Shiba Inu has already captured significant attention from retail investors, and its community continues to grow. Whether SHIB can reach $0.001 depends largely on how the broader cryptocurrency market develops, the level of adoption it achieves, and the progress made in reducing the token supply.
Conclusion
A $100 monthly investment in Shiba Inu could yield impressive returns if SHIB reaches $0.001. Over the next 20 years, consistent investment could generate nearly $1.84 million, provided the token price increases significantly. However, the question remains: Can Shiba Inu reach this target? While the potential is there, it will likely require widespread adoption, ongoing demand, and substantial burns to achieve such a milestone. As always, investors should remain vigilant about market risks and continue to monitor SHIB’s progress over time.
