Shiba Inu became a money-making machine for investors who took an early entry position during its initial days. SHIB was trading with 10 zeroes during Q4 of 2020 and was available at a fraction’s cost. The affordable price gave an early investor a once-in-a-lifetime opportunity to accumulate 344 billion SHIB tokens for a mere $200 worth of investment.
Unfortunately, one particular early investor didn’t get to taste the success of earning millions of dollars, when Shiba Inu kick-started a ‘zero’ deleting spree in 2021.
Also Read: How Many Zeroes Shiba Inu Deleted From April 2022 to 2023?
Shiba Inu: Investor Regrets Selling Early, Misses Earning $21 Million
In what could be considered a trade of a lifetime, an early investor revealed that he sold his 344 billion SHIB much before it began deleting its ‘zeroes’. Shiba Inu deleted six ‘zeroes’ in just 14 months of its launch in August 2020.
When Shiba Inu reached its all-time high of $0.00008616 in October 2021, the investor took to Twitter to announce that he would have indeed made $21 million if he had held the tokens. The investor shared the transaction details of the sell-off where he swapped 334 billion SHIB for Ethereum instead. “The $200 of SHIB I sold last year is now worth $21 million. No big deal,” he tweeted.
You can go through the transaction details below for a better and more in-depth understanding.
Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire With Only $10
Therefore, when Shiba Inu reached its ATH in October 2021, the investor could have pocketed life-changing gains of $21 million. Now that SHIB dropped in price and is trading at $0.00001085, the investor could have made $3.7 million today. Both numbers are enough to lead a financially stable life and all this could have been achieved with $200.
If you want to accumulate the same 344 billion SHIB tokens today, it will cost you $3.7 million. The boat of making easy money with SHIB has sailed as it has not deleted a ‘zero’ in 17 months.
Also Read: The Road to $0.01 Is Now on Shibarium’s Shoulders Alone
At press time, Shiba Inu was trading at $0.00001084 and is down 3.1% in the 24-hour day trade. SHIB is also down 87.43% from its all-time high of $0.00008616, which it reached in October 2021.