[DigitalToday reporter Yoonseo Lee (이윤서)] Meme coin Shiba Inu (SHIB) made many investors millionaires with an explosive rise in 2021. No similar rally has been detected so far, but some investors still believe in Shiba Inu's potential. So how likely is it that investing $10,000 could grow into $1.1 million?

On Feb. 3 (local time), blockchain media outlet The Crypto Basic calculated and introduced the target Shiba Inu price needed to turn $10,000 into $1.1 million.

With Shiba Inu priced at about $0.000006866, $10,000 can buy about 1,456,452,082 SHIB. To make that $1.1 million, Shiba Inu would need to rise to $0.0007555. That would mean a gain of more than 100 times and far exceed the all-time high of $0.00008846. It would require a 10,903 percent rise from the current price.

The calculation ultimately starts from a simple structure: 'holdings times price equals valuation.' Once the amount of Shiba Inu that can be secured with $10,000 is set, the price needed to reach the target valuation of $1.1 million is derived in reverse. The issue is that this price range is far higher than the previous peak. For the target price to become reality, market demand would need to support it for an extended period, and investor sentiment would need to show a trend that is not swayed by short-term issues.

There are also positive long-term outlooks. Crypto analysis platform Telegaon forecast that Shiba Inu could reach that price range between 2036 and 2039. Changelly also projected a Shiba Inu level of about $0.00075 during 2035 to 2039. If these forecasts come true, a $10,000 investment could grow to $1.1 million by 2039.

Still, such long-term 전망s come with many assumptions, and the timing is presented across a wide range, limiting how literally they can be taken. In particular, meme coins are classified as an asset class with high price volatility, making repeated upswings and downswings likely. Even if a long-term target is presented, corrections could be prolonged along the way, and the trend could differ from expectations.

Ultimately, for Shiba Inu to reach $0.0007555, multiple factors would need to align at the same time, including ecosystem expansion, strong macroeconomic conditions and a reduction in circulating supply. The likelihood that a $10,000 investment becomes $1.1 million remains low, and there is a view that understanding volatility and managing risk are needed rather than excessive expectations.