With Shiba Inu's recovery attempt losing steam, we've highlighted the potential timelines for growing the value of a 100 million SHIB portfolio to $1 million.

Shiba Inu's recovery from this month's devastating collapse has stalled over the past few days. After SHIB dropped to $0.00001031 on April 7, it bounced back to the $0.000012 price mark a few days later.

Shiba Inu’s recovery attempt from this month’s devastating collapse has lost steam. After SHIB dropped to $0.01031 on April 7, it bounced back to the $0.000012 price mark a few days later.

However, while many expected SHIB to continue its recovery and aim for lofty targets like the $0.00002 mark, SHIB has remained stagnant at around $0.000012.

This lackluster performance has left many SHIB investors in the red, with 85.5% of all Shiba Inu on-chain addresses now holding 842.2 trillion tokens in the loss. Despite this setback, investors remain optimistic about SHIB’s potential to generate substantial gains.

Indeed, 77% of all Shiba Inu blockchain addresses have been holding the coin for over a year, showcasing their long-term commitment to the asset, according to IntoTheBlock’s analysis. In comparison, 21% of addresses have been holding for 1-12 months, indicating a medium-term commitment. A smaller portion, 2%, are deemed short-term holders, having joined within the past 30 days.

However, investors are optimistic about SHIB’s prospects, with some hoping to become U.S. dollar millionaires through their investments in Shiba Inu.

During its early days, especially during the 2020/2021 bull market, SHIB realized this dream for many. As SHIB soared to new highs, many were able to turn small capital commitments into seven-figure fortunes through their SHIB holdings.

After SHIB’s impressive run, many believe that the meme coin could repeat this feat and propel them to millionaire status.

Now, based on this wave of confidence, we’re estimating how long it would take for a 100 million SHIB purchase to grow into a $1 million holding.

As of 6:56 a.m. (UTC) on April 19, SHIB is trading at $0.01219, rendering its market cap to be $7.18 billion. At the current price, investors must commit a capital of $1,219 to scoop up 100 million SHIB tokens.

If Shiba Inu rises to a price target of $0.01 or one cent, the portfolio of 100 million SHIB tokens would be worth $1 million.

To hit the ambitious one-cent dream, SHIB must surge by 81,934% from the current price. A price target of $0.01 would put Shiba Inu’s market cap at $5.89 trillion, assuming there are no changes to SHIB’s circulating supply of 589.25 trillion.

For instance, at the start of 2024, the total crypto market cap was $1.27 trillion, while the world’s largest economy, the U.S., had a nominal GDP of $27.07 trillion.

Potential Timeline For 100M SHIB To Turn Into $1M

As mentioned above, holding 100 million SHIB, which can be purchased today for approximately $1,219, can turn into $1 million when Shiba Inu trades at $0.01 per token.

Despite how ambitious this target is, several experts believe it is realistic.

According to crypto trading platform Changelly, SHIB will reach the $0.01 milestone by January 2050, 25 years from now. Experts at the exchange set SHIB’s minimum target for this period at $0.0103, an average price at $0.0109, and a maximum target at $0.0127.

Interestingly, the team at Shiba Inu's ecosystem believe that SHIB would clinch the $0.01 target. However, they believe patience is key in actualizing the target, adding that investors should not expect SHIB to rise to $0.01 overnight.

Luis Delgado (Del Crxpto), a popular community expert, suggests that SHIB’s potential surge to $0.1 is attainable. The expert emphasized that cryptos have demonstrated over the years that nothing is impossible.

Moreover, famous Bitcoin enthusiasts Yazan and Jason Williams speculated that SHIB will surpass the ambitious $0.01 target in this 2025 bull cycle. Interestingly, they expect SHIB to soar to an ambitious target of $0.05 by the end of this year.

Further, the popular AI chatbot ChatGPT estimates a 75% probability that SHIB will exceed the $0.01 threshold to reach $0.0194 by 2050 and highlights a 60