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Bitcoin

Million

Shiba Inu

Rise

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 <p>Shiba Inu has been successful in printing a couple of green candles on its daily chart. In fact, it has been able to successfully sustain above the $0.000007 threshold as well. As analyzed in a recent article, the asset’s price has bounced up three times since June 2023 after testing this price. In all instances, SHIB has rallied by double digits. On the one-hour timeframe, an uptrend is already in play for SHIB.</p> 
 <p>In fact, the asset has been replicating the broader market’s movements owing to the rise in its correlation with mainstream assets. In August, it shared a negative correlation with Bitcoin and Ethereum. The dynamics have flipped since then, and SHIB currently shares a positive, healthy correlation of around 0.82 and 0.93 with both the top cryptos.</p> 
 <p>The rise in buy orders has been primarily responsible for the ongoing trend. Data from IntoTheBlock pointed out that the buyer-seller trade difference had a bullish bias, and flashed a positive value of 27.59 billion SHIB tokens in the 12-hour timeframe. </p> 
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  <img decoding="async" width="1024" height="522" src="https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp" alt class="wp-image-111991" srcset="https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 1024w, https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 300w, https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 768w, https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 1536w, https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 380w, https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 550w, https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 800w, https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 1160w, https://cdn.thebittimes.com/images/2023/09/14/b54ba01652c25f863e6110f65ae43df3.webp 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
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   SHIB/USDT by TradingView
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 <p>In fact, whale inflows have also been on the rise, making the environment favorable for SHIB to extend its current trend.</p> 
 <p><strong>Also Read: Shiba Inu Whale Net-Flow Up 275%: Will SHIB Rise?</strong></p> 
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 <h3 class="wp-block-heading" id="h-if-shiba-inu-hits-0-01-how-many-tokens-do-you-need-to-make-10-million">If Shiba Inu Hits $0.01, How Many Tokens Do You Need To Make $10 Million?</h3> 
 <p>At the moment, SHIB is trading with five zeros. Despite that, the community continues to believe that SHIB will eventually reach 1 cent or $0.01 over the long term, which seems quite far-fetched at the moment. Nevertheless, given that SHIB is currently priced at $0.000007269, it will have to rise by 137,470.5% to attain the 1-cent feat.</p> 
 <p>So, an investor will have to invest $7269 in SHIB today to make $10 million when SHIB reaches $0.01. In terms of the number of SHIB tokens, an investor will have to buy around 1 billion tokens. So, when SHIB’s price eventually hits $0.01, the tokens will be worth $10 million.</p> 
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   <img decoding="async" src="https://cdn.thebittimes.com/images/2023/09/14/ee01cbeb12ffc2de5a6e32f832ebc2b8.webp" alt="Shiba Inu rainbow moon space" class="wp-image-111675" style="width: 100%;height:418px" width="534" height="418" srcset="https://cdn.thebittimes.com/images/2023/09/14/ee01cbeb12ffc2de5a6e32f832ebc2b8.webp 1024w, https://cdn.thebittimes.com/images/2023/09/14/ee01cbeb12ffc2de5a6e32f832ebc2b8.webp 300w, https://cdn.thebittimes.com/images/2023/09/14/ee01cbeb12ffc2de5a6e32f832ebc2b8.webp 768w, https://cdn.thebittimes.com/images/2023/09/14/ee01cbeb12ffc2de5a6e32f832ebc2b8.webp 380w, https://cdn.thebittimes.com/images/2023/09/14/ee01cbeb12ffc2de5a6e32f832ebc2b8.webp 550w, https://cdn.thebittimes.com/images/2023/09/14/ee01cbeb12ffc2de5a6e32f832ebc2b8.webp 800w, https://cdn.thebittimes.com/images/2023/09/14/ee01cbeb12ffc2de5a6e32f832ebc2b8.webp 1040w" sizes="(max-width: 534px) 100vw, 534px">
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    Source: Reddit
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 <p><strong>Also Read:&nbsp;Shiba Inu: ‘High Demand’ Provoked SHIB’s 46,000,000% Rise</strong></p> 
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<div class="cs-entry__tags">
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  <li>shib</li>
  <li>shiba inu</li>
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/shiba-inu-to-make-10-million-at-0-01-how-much-to-invest-now-tbt62769.html">https://thebittimes.com/shiba-inu-to-make-10-million-at-0-01-how-much-to-invest-now-tbt62769.html</a></p>

Shiba Inu: To Make $10 Million at $0.01, How Much to Invest Now?

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