Shiba Inu (SHIB) made history during the 2021 bull run. The asset’s price skyrocketed by many million percent. Early investors made massive gains with tiny investments. Regular people with average jobs got their hands on generational wealth. The rags-to-riches stories around SHIB solidified its status as a “millionaire-maker.”

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Some believe the SHIB boat has sailed and it is too late to get into the dog-themed crypto. Others believe there is still time to make it big with the popular memecoin.

How To Make $1 Million When Shiba Inu Hits $0.00072?

shiba inu shib investors
Source: Watcher Guru

To have a million dollars worth of SHIB at $0.00072 per coin, you will need about 1,388,888.89 (1.38 million) coins. The price of 1.38 million SHIB right now is about $28.5. If the trade is successful, your investment will grow by 3,521,026.76% (3.52 million percent). Although the figure may seem large, it is not something SHIB has not done before.

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The question now becomes when will Shiba Inu (SHIB) hit the $0.00072 mark. According to Changelly, SHIB could hit this target sometime in 2032, about seven years from now. The platform anticipates the coin to hit a potential maximum price of $0.00081 in 2032.

Shiba Inu price prediction
Source: Changelly

Can The Asset Hit $0.00072 Any Time Sooner?

One of the most substantial barriers to SHIB’s price is its massive nearly 589 trillion supply. A significant catalyst for SHIB’s 2021 rally was Vitalik Buterin’s massive burn. The Ethereum co-founder received half of SHIB’s supply upon launch. Buterin decided to burn 90% of the tokens he received. His actions led to a significant dip in supply and a price spike.

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If the SHIB team can undertake another big burn project, we could hit the $0.00072 target much sooner than anticipated.