Over the past week, there has been a significant focus on Shiba Inu (SHIB) due to its rapid and impressive price increase. This surge has led some analysts to predict a tenfold increase in value, sparking discussions about the potential return on investment if this optimistic prediction becomes a reality.
SHIB’s ROI on 10X Surge
Shiba Inu is currently trading at $0.00001078 as of the time of reporting, making it the top performer among the largest 100 assets. If its price were to increase by 10 times or 1,000%, it would reach the coveted territory of $0.0001, resulting in a value of $0.0001078.
Investors aiming to make $100,000, $500,000, or $1 million in profits need to invest varying amounts based on their risk tolerance. To achieve a $100,000 profit when SHIB reaches $0.0001078, an investor would need to possess 927,643,784 (927 million) tokens. These tokens could be acquired for $10,000 at the current rates.
In a similar scenario, a $500,000 profit would necessitate 4,638,218,923 (4.638 billion) tokens if Shiba Inu reaches the $0.0001078 price target. Acquiring these tokens at the current price would require an investment of $50,000.
On the other hand, aiming for a $1 million investment goal demands a more substantial initial investment. With Shiba Inu tokens valued at $0.0001078, 9,276,437,847 (9.27 billion) tokens would amount to $1 million. To gather these tokens at present prices, an investor would need to commit $100,000.
Shiba Inu Potential to Rally 10x
However, it’s important to emphasize that the possibility of Shiba Inu experiencing a 10x surge is a subject of discussion. If it were to rise to $0.0001078, SHIB would surpass and stand significantly above its previous record peak of $0.00008845.