Shiba Inu (SHIB) shot to international fame within months of its launch in August 2020, all thanks to its massive returns. SHIB’s price rallied by many million percent, hitting an all-time high of $0.00008616 in October 2021. Early investors made it big with minimal investments. Shiba Inu’s (SHIB) incredible performance solidified its moniker as a “millionaire-maker.” Let’s look at a few rags-to-riches stories under SHIB’s belt.
Shiba Inu Millionaire Stories
The first example of people making it big with Shiba Inu (SHIB) is that of two brothers from New York. The brothers, along with their family, put nearly $8000 into SHIB during the COVID-19 pandemic after their business shut down due to lockdowns. The duo made a whopping $9 million in profit.
Then we have the story of a seasoned Bitcoin trader named Emily. According to reports, Emily earned $5.7 million in profits from Shiba Inu (SHIB). Emily also said that she earned $4 million with Dogecoin (DOGE). It is unclear how much capital Emily invested in SHIB. She may have entered early and held on till SHIB’s peak.
Let’s move on to another example of regular people becoming millionaires with Shiba Inu (SHIB). In 2020, a US trucker purchased $650 worth of SHIB tokens. The small investment grew to about $1.7 million by May 2021. The trucker’s employer stated that the individual quit his job after becoming a millionaire.
Rob was a warehouse worker who put in about $8000 into Shiba Inu (SHIB) in February of 2021. Within months, SHIB’s price skyrockets. Rob withdrew $500,000 in May 2021 and sold the rest of the tokens when SHIB hit an all-time high of $0.00008616 in October 2021 for $1 million.
Also Read: Risks & Challenges of Buying Shiba Inu (SHIB)
There are many more stories about Shiba Inu (SHIB) turning regular investors into multi-millionaires within just a few months. SHIB’s incredible performance during the 2021 bull run is one for the history books. Many still wonder if the popular crypto can replicate its 2021 rally once again in the future.