Since its launch in August 2020, Shiba Inu (SHIB) has earned a reputation for having turned many early traders into millionaires, and in some instances, even billionaires. From its inception to reaching its all-time excessive of $0.000008616 in October 2021, SHIB noticed an increase of about 85,000,000% (85 million p.c). This whopping return turned small investments into thousands and thousands.
One such early investor bought $8000 price of SHIB in late 2020. When SHIB reached its all-time excessive on Oct. 21, 2021, the funding ballooned to a whopping $5 billion. Many known as this the best commerce of all time.
Quickly after, reviews started to emerge that the investor might have misplaced entry to the pockets. Nonetheless, this was not the case. The investor bought $2.9 billion price of SHIB a couple of days after it reached its all-time excessive. The remaining SHIB was additionally bought a couple of days later, and the investor was by no means heard from once more.
Shiba Inu investor misses out on turning into a billionaire
Whereas the earlier occasion was that of an investor strolling away with billions, there’s one other who missed turning into a billionaire with SHIB. An early investor bought 25 trillion SHIB tokens, which had been price round $2000 of their early levels. Nonetheless, SHIB’s costs had been headed down within the first few weeks after the acquisition. The investor panicked and bought the tokens at a loss.
Nonetheless, had the investor held on for a couple of extra months, the 25 trillion SHIB tokens would have been price about $1 billion. When SHIB achieved its all-time excessive, the investor posted a video on TikTok sharing his disbelief.
He acknowledged, “I simply acquired a message from a few mates they usually instructed me that Shiba Inu has gone up 67 million p.c since January. Now in January [2021] I used to be shopping Reddit and got here throughout a advice for getting meme currencies. One among them was SHIB. At the moment I put $2,000 into it and I left it for a few weeks. It went down and I bought it for a loss.”
The investor concluded the video by saying, “It seems that will now be price $1 billion if I hadn’t bought it. Now dwell with that?”
At press time, Shiba Inu (SHIB) was buying and selling at $0.00000727, with a 0.0% change within the final 24 hours.
