The cryptocurrency industry has witnessed a plethora of rags-to-riches stories. However, the Shiba Inu (SHIB) network stood out as it frequently made the average Joe turn into a millionaire.
The asset trades at $0.00001349, following a 6% drop over the past 24 hours. Sadly, it is 84% below its all-time high of $0.00008845. But Shiba Inu has jumped 16558745.11% from its all-time low of $0.00000000008165.
Since its origin, this parabolic growth has been life-changing for many. Three success stories, in particular, have stood out for many reasons.
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Success Stories of Shiba Inu Investors
1. Two Brothers From New York Make Big Bucks
Right when the COVID-19 pandemic started, two brothers from New York went to make a life-changing investment.
Initial Investment
The brothers poured about $7,900 into the reasonably new meme coin. Following this, the popularity of Shiba Inu skyrocketed, further pushing their investment.
Profit Realization
The duo made a staggering 113,824% profit as they raked in $9 million.
2. Trucker’s Leap of Faith With Shiba Inu
2020 was a challenging year for many as they were struggling financially. Amidst this, a trucker decided to take his chances on a newly launched cryptocurrency.
Initial Investment
He invested $650 in Shiba Inu with the hope of better times. But this dainty investment changed his entire life.
Profits Earned
The trucker’s investment grew to a high of $1.7 million following a 261,438% growth rate.
3. 35-Year-Old Manager Becomes Millionaire
For many, the cryptocurrency market was too risky and unstable. Many decided to stay on the sidelines, but those who dove into the cryptocurrency waters emerged ahead of the competition.
Investment Start
A thirty-five-year-old manager’s story demonstrated the same. According to reports, he put $8,000 into Shiba Inu and decided to withdraw $500,000 by May 2021.
Also Read: Shiba Inu: Is the 1 Cent Dream Closer to Reality?
Profits Earned
But he went on beyond that. When the asset reached its all-time high (ATH) of $0.00008616 in October 2021, he sold another bit of his holdings, earning an additional $1 million.