Shiba Inu gave early investors significant gains as it jumped more than 25,000,000% (25 million percent) from its all-time low of $0.000000000056366 (10 zeroes) which it reached in November 2020. Investors who poured $1,000 into SHIB during its early days made millions in less than a year between 2020 to 2021.
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Shiba Inu: $670 Investment Turns to $1.7 Million
Stories of a common man turning a millionaire with Shiba Inu are aplenty in the markets. Walking down memory lane, one such ‘Average Joe’ earned $1.7 million by investing a mere $670 in SHIB during its early days.
A truck driver in the United States quit his job in May 2021 after Shiba Inu deleted five ‘zeroes’ within five months. SHIB was on a ‘zero’ deleting spree in early 2021 and rewarded investors who get in early on the token.
Also Read: How Many ‘Zeros’ Did Shiba Inu Delete From December 2021 to 2022?
The driver-turned-millionaire invested $670 into Shiba Inu in 2020. The lucky investor then withdrew his holdings in May 2021 after his $670 investment in SHIB ballooned to $1.7 million.
After becoming a millionaire, the truck driver quit his job as he achieved his financial aspirations. The millionaire driver’s employer confirmed the resignation in May last year on Twitter and congratulated him for making it big.
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“One of my drivers quit because he made $1.7M in crypto on a $670 investment. Good guy, has kids. Doesn’t matter, that’ll still infuriate the bankers and lawyers slaving away for $500k a year,” his employer tweeted back then.
The employer has now made his Twitter handle private for security reasons. The truck driver chose to remain anonymous and does not want to be identified due to security reasons.
These are a handful of tales of the average day-to-day investors making millions by investing in cryptocurrencies. The same investment in the stock markets has a slim chance of turning the Average Joe into a millionaire.
Also Read: How Has Shiba Inu Performed In December of Every Year?
At press time, Shiba Inu was trading at $0.00000889 and is down 3.5% in the 24 hours day trade. SHIB is also down 89.7% from its all-time high of $0.00008616, which it reached in November last year.