If SHIB ever reaches the $0.1 or $0.01 target, investors might need big bags of Shiba Inu to clinch an ambitious $1 billion target.

Despite a mild recovery over the weekend, Shiba Inu (SHIB) continues to trade within the grip of the bears. This is due to the bearish pressure within the broader cryptocurrency market as Bitcoin (BTC) and other leading altcoins look to recoup previous losses.

Shiba Inu has battled to hold above the $0.000013 price territory amid the mild rebound. Interestingly, market analysts have maintained confidence in SHIB’s overall prospects despite the current bearish atmosphere. As a result, several ambitious price projections have sprung up in recent times.

Among these projections are the audacious $0.1 and $0.01 price targets. These price levels represent goals analysts expect Shiba Inu to reach in the long term, possibly in the next two market cycles or later. As these projections emerge, investors continue to augment their holdings.

How Much SHIB Needed to Make $1B if SHIB Hits $0.01 or $0.1

Most recently, The Crypto Basic revealed that a whale address procured 397 billion SHIB tokens. Santiment also confirmed last month that whales accumulated over 6 trillion SHIB within 30 days.

This accumulation trend indicates that whales continue to hope for further SHIB gains. Amid the optimism, The Crypto Basic recently assessed how much these whales must hold if they wish to hit $1 billion at the $0.01 and $0.1 ambitious targets.

Notably, should Shiba Inu hit $0.01, 100 billion tokens would be worth $1 billion. These 100 billion tokens can be purchased at $1.346 million at the current price.

Meanwhile, if SHIB ever reaches $0.1, only 10 billion tokens would be worth $1 billion. The 10 billion SHIBs are currently worth $134,600.

Shiba Inu $0.01 and $0.1 Price Predictions

While the evaluation presents an attractive investment opportunity, the biggest issue is Shiba Inu’s ability to hit these targets. Several pundits have argued that SHIB is capable of reaching these goals. For instance, last month, market commentator Luis “Del Crxpto” Delgado called attention to Dogecoin’s historical feat years ago.

Notably, the original meme coin traded for $0.00056 at some point but later spiked to a high of $0.01, confounding investors. Del Crxpto suggested that Dogecoin showed that the impossible can be possible.

The pundit’s remarks align with his sentiments around Shiba Inu. Speculations suggest that SHIB is also capable of hitting similar milestones. Meanwhile, AI chatbot ChatGPT suggested Shiba Inu could reach $0.1 in 2029, five years from now.

However, multiple industry commentators contend that such prices are impossible for Shiba Inu. The major factor posing a roadblock to SHIB’s ability to hit these targets is its enormous supply.