3 Investors That Turned Shiba Inu into Million-Dollar Success

reportcryptos.com
4 Min Read

Shiba Inu (SHIB) turned the fortunes of many early investors around with three unique millionaire-making success stories.

The digital currency ecosystem is a venue to make a lot of money for traders who know what they are doing and also get lucky. The speculative nature of the industry has made it a place where parabolic growth can come in days, weeks, and months, marking the trend for Shiba Inu in its early days.

Despite its current bearish twist, Shiba Inu has recorded a jump of 10845519.55% from its All-Time Low price of $0.00000000008165. Some investors caught some of this mega surge, and here are the stories of three lucky investors from 2020.

The SHIB Millionaire Stories

In 2020, a trucker took a leap of faith and invested $650 into Shiba Inu. As a new token at the time, Shiba Inu had a lot of room to grow, and in a few months, the $650 investment turned into $1.7 million, printing a growth rate of 261,438%. The token erased five zeroes from its price to make this parabolic surge possible. After the valuation jump, the SHIB investor resigned as a trucker, according to an account from his employer.

As an industry with no barriers to entry of any boundaries, a 35-year-old manager also got a huge piece of the cake when his $8,000 investment jumped by 70,000%. After this parabolic jump, this manager withdrew $500,000 in May 2021 and sold another $1 million tranche in October when the price touched its All-Time High of $0.00008616.

Two brothers from New York also got their big breakthrough from Shiba Inu with a $7,900 investment during the COVID-19 pandemic lockdowns in early 2020. Their investment turned out to be $9 million after a 113,824% growth.

Is it Still Possible to Become a SHIB Millionaire?

Per the current growth pace of Shiba Inu, it is clear the days of mega growth are over, as small investments in SHIB no longer have a big sway on the valuation of the coin in general.

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However, proponents are still nursing the idea that bigger breakthroughs are ahead for SHIB, with the possibility it can touch $0.01 in the future. The Crypto Basic has a series of articles on the amount to invest to become a Shiba Inu millionaire in the future that are worth checking out.

This anticipation drives a lot of positioning from SHIB investors who are determined to have their millionaire stories inscribed in the memecoin Hall of Fame.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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