Investments in Shiba Inu (SHIB) may yield substantial gains in the next few years if the bullish projections for the token play out.
In the early days of Shiba Inu, many pioneering buyers became millionaires overnight owing to the massive growth rate the token recorded.
Today, many investors still set their sight on a massive price spike and are ready to take a position in the token to catch the next wave of parabolic return.
As such, The Crypto Basic estimated what a $1,000 investment in Shiba Inu at the current price will yield by 2030 using predictions from Changelly, Google Bard, and ChatGPT.
Shiba Inu Return on $1,000 Capital: Changelly Assessment
Shiba Inu is presently priced at $0.000009419, up 0.83% in the past 24 hours. At this level, a $1,000 investment injected now will rake in a total of 106,168,383 SHIB.
According to the relatively conservative projections from Changelly, by 2030, Shiba Inu might trade at a minimum and maximum price of $0.00012798 and $0.0001489 with an average price of $0.0001319.
Using the average price of $0.0001319 as the benchmark, the SHIB equivalent of the $1,000 investment will rake in a total of $14,003.
This figure represents a growth of 1,301%, a figure that is realistic, but possibly below the expectations of many that might want to rake in millions.
Estimation from Google Bard and ChatGPT
ChatGPT gave a more optimistic price target for Shiba Inu, as it noted that if the substantive adoption trend of the token continues, it might hit a range of $0.001 and $0.1 by 2030.
At the lower end, the $1000 investment will bring a massive $106,168 or a growth rate of about 10,516% from the initial capital.
The moderate projection for Shiba Inu’s likely growth by 2030 falls between the $0.000020 to $0.000040 range. Taking the lower end of the price spectrum, a $1,000 cash injection into Shiba Inu will rake in a 112% growth to $2,123.36 in 6 years’ time.
It is worth noting that the estimated price target for Shiba Inu by the three platforms is an estimate and the reality may change significantly based on many factors impacting the Shiba Inu ecosystem like burn rate and general market sentiment amongst others.
