Journalist
Posted: December 25, 2024
- If SHIB pumps 115% or 200%, one needs $465K or $334K to flip it into $1 million.
- This estimated capital could drop to $94K or $34K if 5X or 10X leverage is used.
The craze of flipping meme-coins into millions isn’t fading anytime soon. At least going by the strong meme-coin narrative dominance in 2024.
So, how much do you need to flip Shiba Inu [SHIB] into millions?
Most analysts expect a market rebound in early 2025. After that, they project a possible pause into summer, followed by another rebound from Q3-Q4 2025 before the cycle tops.
Assuming they’re right, the two bullish targets for SHIB are the March highs of $0.00004567 and the 2021 peak of $0.00008854. If the targets are hit, that would translate to a potential 115% and 315% rally, respectively.
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