The 1 cent dream is the most important milestone for Shiba Inu investors. The end goal is to see the token reach the $0.01 mark sometime in the future.
When SHIB hits the 1 cent milestone, the majority of holders could turn into millionaires and lead a life filled with financial freedom. However, nobody knows when SHIB could hit $0.01 or if it will even reach that level in our lifetime as the markets remain unpredictable.
Nonetheless, Shiba Inu is currently trading at $0.00001100 and needs to delete three ‘zeroes’ in the indices to reach $0.01. The dog-themed token has deleted six ‘zeroes’ within 15 months of its launch, making early investors multi-millionaires.
SHIB spiked 45,000,000% (45 million percent) from its launch in August 2020 to reach its all-time high of $0.00008616 in October 2021.
Now that was the past. Let’s discuss the future as that is where the key to financial success lies. Therefore, if you’ve always wondered how much ‘percentage’ must Shiba Inu rise to reach $0.01 from here, we’ve got you covered.
In this article, we will explain how much percentage SHIB needs to spike to reach the 1 cent dream.
How Many Percentages Should Shiba Inu Rise To Reach $0.01?
Shiba Inu is currently trading at $0.00001100. Therefore, the token must climb 91,000% from its current price to reach its desired target of $0.01.
To put it in the calculation: (current price + 91,000% = 0.01). Therefore, 0.00001100 + 91,000% takes the token straight to the doorsteps of the 1 cent dream.
For the 1-cent dream to become a reality, the token needs to be ‘burned’ on a massive scale. Read here to know how much the Shibarium layer-2 solution could remove SHIB from circulation.
Credit : LINK