A market participant who commits $1,000 to Shiba Inu today could see his investment jump significantly if SHIB reaches $0.0003 or $0.003.
The Shiba Inu is currently trading at $0.00002240, down 75% from its all-time high of $0.00008845 and down 51% from its annual high of $0.00004567 two months ago. SHIB plunged 27% last month and has remained flat this month, but this bearish momentum is not unique.
accumulation tendency
Notably, a similar downward trend has been seen in the broader crypto market, with prices falling to two-month lows. Despite the downside, investors remain confident the recovery will continue. As a result, most of them used this downtrend as a buying opportunity.
Earlier this month, The Crypto Basic called for caution A whopping 1.75 trillion SHIB tokens have been accumulated by a giant whale scooped up from US-based trading platform Robinhood.Last month, another whale address procured 237 billion Shiba Inu after the symmetrical triangle breaks down.
This accumulation trend is sustained by the belief that prices will recover, with some forecasters expecting Shiba Inu to someday break through its ATH and reach the $0.0003 and $0.003 price levels.
$0.0003 and $0.003 Shiba Inu worth $1,000
Achieving these goals would require a spike in price, so a trader who commits $1,000 at current prices could see their investment reach significant heights if price levels materialize . For reference, I invested $1,000 in Shiba Inu Today we will raise 44,642,857 (44.6 million) tokens. This shows how undervalued SHIB is at its current price.
If Shiba Inu breaks out of this downward trend and secures the $0.0003 price level, the value of the 44.6 million tokens would rise to $13,392, implying a return of $12,392 and a huge ROI of 1,239%. On the other hand, if the price increases to his $0.003, the value of these SHIB tokens will be $133,928, giving you a profit of $132,928.
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Expected timeline for Shiba Inu to reach $0.0003 and $0.003
While these goals may be difficult for Shiba Inu to achieve, crypto exchange Changelly recently predicted a timeline for achieving the goals. According to Changelly analysts, SHIB could break through $0.0003 in September 2030 and confirm a maximum price of $0.000303.
In the same article, analysts predict a trajectory that will see the Shiba Inu soar to even greater heights as the year progresses. They expect SHIB to clear another zero by January 2040, but the price will not reach the $0.003 region until February 2040, with an average price of $0.00317. It is expected to trade at
Meanwhile, in January, The Crypto Basic asked a question AI chatbots Google Bard and ChatGPT talk about Shiba Inu’s prospects of reaching $0.0003 and $0.003. Google Bard predicted that SHIB could reach $0.0003 in two years and $0.003 in 20 years. For ChatGPT, it takes 4-5 years for $0.0003 and 7-10 years for $0.003.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. We encourage our readers to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
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