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InsighthubNews > Crypto > Shiba Inu: How to become a SHIB millionaire by 2025
Crypto

Shiba Inu: How to become a SHIB millionaire by 2025

September 11, 2024 2 Min Read
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Shiba Inu (SHIB) is making a name for itself as the cryptocurrency that creates millionaires: the asset’s price skyrocketed within months of its launch in August 2020, turning early investors into millions of dollars and in some cases billionaires.

Despite its incredible performance during the bull market in 2021, the price of Shiba Inu (SHIB) has fallen significantly over the past few years. The asset is currently down more than 84% from its all-time high of $0.00008616, which it hit in October 2021.

While some believe SHIB’s time is over, others believe there’s still time to make a big splash with a dog-themed cryptocurrency.

Let’s see how you can become a SHIB millionaire in 2025.

How to become a SHIB millionaire in 2025?

Changelly SHIB Price Prediction

According to researchers at Changelly, SHIB could reach a peak price of $0.000059994 in 2025. Reaching $0.000059994 from current levels would represent an increase of approximately 345%. To acquire $1 million worth of SHIB at $0.000059994 per coin, approximately 16,668,333,500 (16.6 billion) coins would be needed. Currently, the price of 16.6 billion SHIB is approximately $224,855.81.

Telegaon SHIB Price Prediction

Analysts at Telegaon are more bullish on Shiba Inu (SHIB) than Changelly, as the platform predicts the meme coin will hit a peak price of $0.0000728 in 2025, which would represent a nearly 440% increase from current levels.

To get $1 million worth of SHIB at $0.0000728 per coin, you would need approximately 13,736,263,736 (13.73 billion) coins. Currently, the price of 13.73 billion SHIB is approximately $185,302.19.

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Shiba Inu (SHIB) has entered a bull market once again and could rise even higher than expected prices, given that the project will be initiating its long-awaited new burn mechanism.

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