Warehouse Manager Retires After $8K Shiba Inu Bet Reaps Him $500K — What If He Had Held On To SHIB?
Portfolio Pulse from Mehab Qureshi
A 35-year-old former supermarket warehouse manager, Rob, retired early after his $8,000 investment in Shiba Inu (CRYPTO: SHIB) reaped him $500,000. Rob invested in SHIB in 2021 and saw the coin's price skyrocket 1,200 times higher than its value in February. He withdrew $500,000 worth of SHIB coins and transferred the sum to his bank account. If he had held onto his SHIB holdings, his investment would have ballooned to approximately $3.36 million.
October 02, 2023 | 12:04 pm
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The price of Shiba Inu (CRYPTO: SHIB) skyrocketed 1,200 times higher than its value in February 2021, turning an $8,000 investment into $500,000. If the investor had held onto his SHIB holdings, his investment would have ballooned to approximately $3.36 million.
The news highlights the significant potential returns from investing in Shiba Inu. This could attract more investors to the coin, potentially driving up its price in the short term.
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