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Here’s How much You Will Earn if You Hold 100 Million Shiba Inu And SHIB Hits…
Posted on November 25, 2023
This article highlights the potential worth of 100 million Shiba Inu (SHIB) tokens if SHIB hits $0.001 or $0.01, as investors continue to ponder on the value of their tokens should the asset reach these targets.
SHIB has continued to trade in bearish territories for the most part of this year. After dropping below the $0.00001 zone, Shiba Inu has struggled to reclaim and retain the price point. Despite a recent price rebound, the bears remain in control, with most investors facing losses.
However, some market watchers believe the asset is currently trading in its accumulation phase. These analysts emphasize that the current bearishness presents an opportunity for investors to accumulate more SHIB tokens at discounted prices.
The foundation of this sentiment is the belief that Shiba Inu would leverage the upcoming market-wide bull run to recover its losses. While price predictions of $0.001 and $0.01 remain ambitious, some investors have set these prices as targets for years to come.
100M Shiba Inu at $0.001
Shiba Inu currently trades for $0.00000835, up 2% over the past 24 hours, but down over 90% down from its ATH. Due to SHIB’s reduced value, investors have an opportunity to procure more tokens for less. For instance, purchasing 100 million SHIB at the current price would cost a mere $835.
Should Shiba Inu reclaim the all-time high of $0.00008845, these 100 million tokens would be valued at $8,845, representing a profit of over $8,000. However, the return on investment (ROI) becomes more attractive with a Shiba Inu price of $0.001.
If SHIB ever hits the $0.001 price territory, the worth of the 100 million Shiba Inu tokens would skyrocket to $100,000. This sort of price increase would bring a return on investment of over $99,000. However, it is important to note that the $0.001 target remains very unlikely for SHIB.
100M Shiba Inu at $0.01
While the $0.001 price target is highly unlikely, some proponents have championed a potential rally to $0.01. The $0.01 projection represents one of the most ambitious SHIB price predictions. Despite being near impossible to achieve, the unpredictability of the crypto market has kept investors hoping.
If Shiba Inu claims a $0.01 price, 100 million SHIB tokens would soar to a value of $1,000,000. Recall that these tokens are currently worth $835. At this rate, an investor with such an investment would be sitting on a 119,660% ROI, translating to a profit of $999,165.$SHIB.
#ContentStar# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #contentstar# #MyFancyCreator# #HotTopicDiscussion# Top 3 Promising Cryptocurrencies Under $0.10 with 2X Potential in 2024
The crypto market is gearing up for an anticipated bull run projected to occur in 2024, driven by factors such as the potential introduction of a spot Bitcoin (BTC) ETF (Exchange Traded Fund) and the forthcoming BTC halving event. This impending bull run is expected to attract a wave of new investors to the crypto space. For those entering the market, starting with smaller investments that could yield significant returns quickly might be appealing. Consequently, let's explore three cryptocurrency projects priced under $0.10 that have the potential to double in value by 2024.
1. Shiba Inu (SHIB): Shiba Inu (SHIB) has emerged as one of the most talked-about crypto tokens in recent years. Despite facing challenges in 2023, analysts foresee SHIB gaining substantial momentum in 2024. The token currently stands at nearly a 90% decrease from its all-time high (ATH) reached in 2021. Many believe that SHIB could not only recover its ATH level but potentially surpass it in the upcoming bull run. Additionally, SHIB stands out as one of the most affordable cryptocurrencies on the market.
2. VeChain (VET): Priced under $0.10, VeChain (VET) is a supply-chain-focused project actively engaged in various environmental and climate change initiatives. Noteworthy is VET's collaborations with major global companies. Despite experiencing a decline of over 90% from its ATH in April 2021, VET remains a prominent contender for potential growth in 2024.
3. Dogecoin (DOGE): As one of the most widely recognized crypto assets, Dogecoin (DOGE) holds the distinction of being the first memecoin. Similar to SHIB, DOGE faced challenges throughout 2023. However, there is widespread anticipation that the dog-themed cryptocurrency will experience a surge in the next bull run. Furthermore, speculations about DOGE's inclusion in X's (formerly known as Twitter) new payment feature add an intriguing dimension, potentially leading to increased global adoption and a subsequent rise in its value.
#ContentStar# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #contentstar# #MyFancyCreator# #HotTopicDiscussion# Why the SEC keeps rejecting Bitcoin ETF applications
There have been several applications made to the SEC since 2013 requesting a rule change that would allow the launch of a Bitcoin ETF in the US. Many of which have been filed by reputable Wall Street firms. Most of what the SEC objects to is not the companies making the applications but rather the market in general.
The Bitcoin market is growing with barely a decade to its age. So far, it is valued at a poultry US$1 trillion compared to other more established markets such as gold, oil, treasury bonds, or company equity. These traditional financial instruments also have a history to them from which the SEC has drawn very effective policies to protect investors.
Bitcoin, on the other hand, is a new kind of asset utilizing an unproven technology. Most investors in the blockchain space are struggling to understand it, and so are the regulators.
The Bitcoin ETF applicants’ biggest challenge in getting the green light from the SEC is providing enough proof to show that the Bitcoin market has matured enough to be considered immune from market manipulations.
Given that a majority of the trading volume is reported from exchanges outside the jurisdiction of the SEC, this has become the most significant hindrance. If you cannot oversee the institutions reporting on the trading activity, you cannot effectively monitor open price discovery of the asset.
Additionally, there have been several incidents of scams and fraud cases within the cryptocurrency industry, confirming the fears that the SEC has highlighted.
Other concerns that the SEC has pointed out include the cryptocurrency market’s lack of liquidity and transparency.
Depending on how you look at it, you may find it encouraging to know that the SEC’s concerns are not on the particular companies making the requests but instead on the crypto market. Once the market achieves maturity, according to the SEC standards, the commission is bound to give a node to not one but most probably several of these applications.
#ContentStar##HotTopicDiscussion##BTC# Educational Post
What Is Danksharding?
Derived from the name of Ethereum researcher Dankrad Feist, danksharding introduces a transformative approach to sharding technology. Sharding involves breaking down a blockchain database into smaller, more manageable parts for increased efficiency. Unlike conventional sharding methods, danksharding simplifies the architecture, focusing on a merged market fee concept.
In traditional sharding, each shard has distinct blocks and block proposers. Danksharding streamlines this by having a single block proposer, enhancing transaction processing and data storage efficiency. This innovation addresses the blockchain trilemma by prioritizing security, decentralization, and scalability.
Key Features of Danksharding
1. Merged market fee: Danksharding introduces a unified market fee, streamlining the transaction process by minimizing complexities associated with having multiple block proposers.
2. Optimized data availability: The primary focus of danksharding is to enhance data availability for rollups, a Layer 2 scaling solution on Ethereum. By efficiently managing data, Danksharding significantly improves the network's performance.
3. Simplified sharding architecture: Danksharding simplifies the sharding structure, making it more straightforward and efficient. This approach addresses the challenges posed by the traditional trilemma, fostering a better balance between security, decentralization, and scalability.#ContentStar##比特币# 
