Shiba Inu to $0.005? Potential Returns on 250M or 500M SHIB Tokens
Shiba Inu holders with 250 million or 500 million tokens stand to make substantial gains if SHIB ever hits the bold target of $0.005 per token.
Currently riding the broader market relief rally, Shiba Inu recently crossed the $0.000015 threshold.
- Despite this uptick, many investors view the rise as underwhelming, anticipating a future price with fewer decimal places.
Meanwhile, long-term supporters continue to fuel optimism by projecting bigger price milestones.
- These proponents firmly believe SHIB could eliminate more zeros, reaching the ambitious $0.005 mark.
Expert Predictions: Can SHIB Reach $0.005?
The $0.005 goal has gained notable traction among Shiba Inu enthusiasts and crypto analysts alike.
Crypto data aggregator Changelly projects that SHIB could reach the target by May 2040.
- It estimates an average trading price of $0.00517 and a maximum of $0.00578 for that month.
On the other hand, Telegaon, a prominent forecast platform, anticipates an earlier timeline, predicting the price could be achieved between 2036 and 2039.
Value of 250M or 500M SHIB at $0.005
While these projections remain speculative, a rally to $0.005 could bring life-changing gains for early adopters.
As of now, SHIB trades around $0.00001520, giving it a market cap of approximately $8.95 billion, ranking it 15th by market capitalization.
To reach $0.005, SHIB would need to grow by a staggering 32,794% from its current price.
- This would result in a total valuation of nearly $2.94 trillion, even overtaking Bitcoin’s present market cap.
Such a leap would especially benefit holders with significant SHIB allocations.
- A 250 million SHIB portfolio, bought today for around $3,800, would be worth $1.25 million at $0.005.
- Similarly, 500 million tokens, currently valued at $7,600, would grow to $2.5 million.
Is a $0.005 SHIB Price Possible?
Despite the tempting numbers, the real question is whether Shiba Inu’s supply structure can support such growth.
SHIB has a massive supply of 589.55 trillion tokens, with roughly 589.25 trillion already in circulation.
- At this supply level, a 32,794% surge is required for SHIB to hit $0.005.
Skeptics argue such growth is impractical, as investor interest often shifts toward emerging assets over time.
- To reach $0.005 realistically, a massive token burn is needed to drastically shrink the supply.
If SHIB’s circulating supply were reduced to 50 trillion tokens, the required price surge would drop to 2,693%, making a $250 billion market cap sufficient for the $0.005 milestone.
Final Thoughts
While the $0.005 target presents a thrilling opportunity, it’s heavily reliant on future token burns, sustained hype, and market conditions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before investing.