Here’s How You Can Be a Millionaire With SHIB by 2025

Shiba Inu (SHIB) is one of the most popular cryptocurrencies of the last few years. The asset’s price skyrocketed within months of its launch, rallying by many millions percent. Early investors made millions of dollars in profit, making the dog-themed cryptocurrency a popular choice among new investors who wanted to make it big quickly.

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How To Be a Millionaire With SHIB by 2025?

Changelly’s Prediction

According to the analysts at Changelly, Shiba Inu (SHIB) could hit a maximum price of $0.00005 in 2025. To have a million dollars worth of SHIB at $0.00005 per coin, you will need 20,000,000,000 (20 billion) coins. The price of 20 billion SHIB right now is about $275,800. If the trade is successful, your portfolio’s value will grow by 262.5%.

Telegaon ‘s Prediction

Telegaon researchers are more bullish on SHIB. The platform predicts SHIB to hit a maximum price of $0.00007 in 2025. To have a million dollars worth of SHIB at $0.00007 per coin, you will need about 14,285,714,285.7 (14.28 billion) coins. The price of 14.28 billion SHIB right now is about $197,000. In this scenario, your portfolio will grow by around 407.6%.

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Can the Asset Reclaim Its 2021 Momentum?

Shiba Inu (SHIB) has faced significant headwinds over the last few years. The asset hit an all-time high of $0.00008616 in October 2021 and has since failed to reach the same momentum.

Vitalik Buterin’s SHIB Token Burn

One of the most significant drivers of SHIB’s 2021 rally was Vitalik Buterin’s massive token burn. Buterin, the co-founder of Ethereum, received half of SHIB’s supply upon launch and decided to burn 90% of the coins he received.

Buterin’s actions led to a drastic drop in supply and, conversely, a price spike.

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If the Shiba Inu (SHIB) team can reduce the asset’s supply even further, we may witness another 2021-like rally.