Shiba Inu Price Prediction: How Much SHIB Do You Need To Retire?

As the meme coin market continues to attract massive inflows from investors, Shiba Inu (SHIB) ranks among the top coins poised for significant gains in the coming months. Being the second-largest meme coin, SHIB has been one of the biggest gainers in its ecosystem, surging by over 16% in the past month.

The current SHIB price is $0.000014, but the recent bullish trend in the meme coin’s charts has caused a bold Shiba Inu price prediction of $0.000173 by 2030. However, can the meme coin reach significant heights enough to make a great investor retirement plan? Let’s find out. 

SHIB shows notable upward momentum 

SHIB is currently trading at around $0.000014, which is relatively lower than its monthly high of  $0.000017, which was attained on May 12. However, despite the slight market correction, the SHIB price has remained in the green territory, with a notable upward momentum in the last 24 hours. In the short term, analysts predict that SHIB would potentially surge to $0.000025 and then experience an explosive breakout afterwards.

However, technical indicators over the past week disagree with this Shiba Inu price prediction. Data from TradingView shows a bearish sentiment among SHIB investors. In the past week, there’s been selling pressure as investors keep taking profits. Indicators like moving averages (MA) also suggest a strong sell pressure among SHIB traders, casting doubts on the meme coin’s potential to rise to new highs as predicted.

Is Shiba Inu a good retirement plan?

While there are doubts around the SHIB price movement in the short term, the token’s historical price shows that a bullish surge is possible, especially if there’s increased social media hype around the meme coin. However, regarding retiring with SHIB, several factors come into play.

These include an investor’s location, capital and their financial goals. For instance, someone residing in the US would probably consider a SHIB holding worth around $2 million to retire, while an investor in a developing country may be fine with a SHIB net worth of around $500,000. To attain this in profit, a massive amount of capital is required, especially since a unit of SHIB is trading at around $0.000014. So, unless you’re looking at retiring in the next decade or 15 years, SHIB may not be the ideal retirement plan for those who can’t wait a long time.

Remittix could offer bigger potential to SHIB investors 

The likelihood of SHIB surging to make millionaires remains to be seen, but a new altcoin called Remittix (RTX) is already showing bigger potential during its presale. Having raised over $15.1 million in a few months, analysts are tipping Remittix as the best crypto to buy now due to its long-term potential. 

Already, those who invested in RTX early have recouped over 400% gains and the project’s presale trajectory shows there’s more to come. Ultimately, the major driver for the potential 1,000x gains that Remittix promises will be its utility in the Payment Finance (PayFi) space.

The Remittix API solution enables users to send, receive, spend and convert cryptocurrencies for everyday transactions. There are 30+ fiat currencies supported, so users can move from crypto to their local currencies when transacting online or processing cross-border remittances.

Ultimately, Remittix is better positioned to make crypto millionaires within a shorter period than SHIB due to its imminent post-launch pump and the massive demand that would arise for the token from individuals and businesses. Buy Remittix now at $0.0757 to be part of its future when it explodes.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix