Crypto

Millionaire by accident with Shiba Inu (SHIB), retires at 35

A Crypto That Makes You Rich: Although it may be hard to believe, the crypto hoax that is Dogecoin (DOGE) has been so successful, with the help of Elon Musk, that the iconic Shiba crypto has been plagiarized many times. Among these plagiarisms of an already parody crypto, Shiba Inu (SHIB) has triumphed, to the point of rising to the level of its “model” as far as valuation is concerned. A price explosion that has allowed some to become millionaires.

From $ 8,000 to more than $ 1 million with SHIB

As reported in an article in the Fortune newspaper, a certain “Rob” is more than happy to have bet his money on a cryptocurrency of the “memecoin” type, that is, based almost entirely on the success of the same internet (these images funny, often devious, sometimes accompanied by a little text).

Our friend Rob, a 35-year-old supermarket warehouse manager, actually invested (bet?) $ 8,000 in the SHIB token, while the cryptocurrency was only worth $ 0.00001 per unit. And an incredible stroke of luck: his number came up on the roulette wheel of destiny.

At the previous high in the crypto market in May 2021, Rob sold some of his SHIBs for $ 0.000035, which generated a good + 35,000%. He pocketed the tidy sum of $ 500,000 in his bank account.

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Early retirement thanks to Shiba Inu

Even though SHIB prices fell along with the entire cryptocurrency market in late May, the dog token has since risen to new unimaginable highs, even briefly touching $ 0.000082 on October 28, 2021, before returning to drop to $ 0.000052 at that time. of this writing.

But even at that price, Rob still owns over $ 1 million in SHIB, prompting him to make a drastic decision: quit his $ 68,000-a-year job, stay home and care for his son, while contributing. to discussions. in projects related to Shiba Inu.

Rob is so confident in the future of this memecoin that he plans to HODLer (keep) his SHIB tokens:

“We firmly believe that there is much more to achieve with Shiba (…) I will never sell our entire portfolio. “

After all, Rob bet $ 8,000 on a parody cryptocurrency that was totally unknown at the time, with a concept based only on the cute Shiba Inu dogs. So ultimately, it’s quite logical that you still take the risk of maintaining your SHIB today. However, it should be noted that during the previous bubble of May 2021, the price of SHIB had been divided by 4 in a few days, without Elon Musk getting involved.

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