Investors who capitalize on Shiba Inu’s low price to build their portfolios could become rich if SHIB’s adoption grows like that of Ethereum. Shiba Inu is often cited as a prime example when discussing how average crypto investors became rich overnight. The asset changed the lives of many average-income earners, including a truck driver who made a profit of $1.7 million from a small investment of $650. Although Shiba Inu has plunged massively from its 2021 highs, enthusiasts still believe it is capable of growing into a large-cap crypto like Ethereum. SHIB Price If It Gains Ethereum-Like Adoption Therefore, we explored how a modest monthly investment of $200 in SHIB over 15 years could generate substantial wealth if Shiba Inu achieves Ethereum-like adoption. Achieving Ethereum-like adoption assumes that Shiba Inu’s market cap reaches that of ETH. At the moment, Ethereum boasts a valuation of $540 billion, with one ETH priced at $4,473. If Shiba Inu clinches a market cap of $540 billion, it will trade at $0.000916 based on the supply of 589 trillion tokens. This suggests that achieving Ethereum-like adoption under current market conditions could drive SHIB’s price to $0.000916. Value of $200 Monthly Investment at $0.000916 Meanwhile, investing $200 monthly over 15 years or 180 months adds up to a total investment of $36,000 in SHIB. While investing $36,000 in SHIB at once may be challenging for most investors, consistently committing $200 per month over 15 years makes the target more achievable. For this article, we assumed that this $36,000 was invested in SHIB at four different average buy prices– $0.000007, $0.00001, $0.000015, and $0.000020. With a total investment of $36,000, investors could accumulate 5.14 billion SHIB tokens at an average price of $0.000007, 3.6 billion tokens at $0.00001, 2.4 billion tokens at $0.000015, or 1.8 billion tokens at $0.00002. If Shiba Inu achieves Ethereum-level adoption and climbs to $0.000916, a 5.14 billion SHIB portfolio would be worth roughly $4.71 million, while a 3.6 billion SHIB holding would amount to about $3.3 million. At $0.000916, blockchain portfolios containing 2.4 billion and 1.8 billion SHIB tokens would be valued at $2.2 million and $1.65 million, respectively. This reflects how investors can become rich by leveraging the DCA strategy and awaiting a potential spike to high-cap levels like that of Ethereum. The $0.000916 Forecast Although it remains uncertain whether Shiba Inu would ever gain Ethereum-like adoption, the $0.0009 prediction has already been tied to the canine-themed token. Last year, we estimated that Shiba Inu would climb to $0.00094 if it stays correlated with Ethereum and the second-biggest cryptocurrency hits Ark Invest’s $166,000 target by 2032. In July, The Crypto Basic also predicted that Shiba Inu could trade at around $0.000978 by July 2042 if its price grows by 30% yearly. In the meantime, Shiba Inu still lacks those factors that propelled Ethereum to the $540 billion valuation. For instance, while Ethereum has multiple exchange-traded funds currently trading on American exchanges, no issuer has filed to offer a similar product for SHIB.
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