Key Takeaways:
- SHIB’s 7-day loss stands at 6%, with a 46% YTD retracement.
- ‘Cruisers’ added nearly 30 trillion SHIB in June, signaling bullish sentiment.
- Analysts predict 10x–50x rallies by 2027–2034, though timelines are speculative.
Shiba Inu (SHIB), like the broader crypto market, experienced another downturn this week. The meme coin extended its 7-day loss to 6% and year-to-date retracement to 46%. SHIB’s strong correlation with the overall market drove it into the latest correction. However, long-term investors remain optimistic about the token’s potential for recovery and significant gains.
Accumulation by ‘Cruisers’ Hints at Bullish Sentiment
Despite the price weakness, holders known as “Cruisers” — addresses that have held SHIB for 1 to 12 months — are accumulating aggressively. According to The Crypto Basic, these holders added 29.57 trillion SHIB in June, increasing their total holdings to 199.13 trillion SHIB (valued at $2.26 billion). Analysts argue this could indicate growing confidence in SHIB’s long-term potential. If SHIB can maintain support between $0.00001133 and $0.00001018, it may rally by 80% to 100%, targeting $0.00002174 to $0.00002418.
What a 10x or 50x Rally Would Mean for SHIB Holders
While some forecasts remain conservative, others envision bolder targets. At the current price of $0.00001137, a 10x rally would lift SHIB to $0.0001137, while a 50x surge would push it to an all-time high of $0.0005685. Prominent analysts such as Dona suggest SHIB could surpass $0.0001137 this cycle.

How Much SHIB Is Needed to Earn $1 Million?
For investors, the math is clear:
- To earn $1M from a 10x rally to $0.0001137, one would need 8.79 billion SHIB—worth $100,000 today.
- For $1M on a 50x rally to $0.0005685, just 1.76 billion SHIB is required—costing about $20,000 now.
Forecasts from Changelly suggest these prices could be reached by 2030–2034, while Telegaon offers a more optimistic timeline, projecting $0.000153 by 2027 and $0.000593 by 2030.
Also Read: Shiba Inu (SHIB) Holds Support as Whales Accumulate
While Shiba Inu’s short-term price action remains bearish, accumulation by long-term holders and ambitious forecasts provide hope for future rallies. Investors should remain cautious, as predictions are speculative and subject to market dynamics.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.