Your current location is:{Current column} >>Text
Shiba Inu (SHIB) Lets Warehouse Manager to Retire By CoinQuora
{Current column}2People have watched
IntroductionShiba Inu (SHIB) Lets Warehouse Manager to RetireRob invested $8,000 into Shiba Inu (SHIB) when its ...

- Rob invested $8,ptfx Putun foreign exchange police intervention000 into Shiba Inu (SHIB) when its price was $0.000001.
- He still has over $1M worth of tokens following the price increase in October.
- The overflowing funds enabled him to quit the job which paid 68,000 annually.
A Shiba Inu (SHIB) token holder has cashed out partially his investment in memecoin. This investment was made in February to become a stay-at-home dad.
As per Fortune report, Rob, a 35-year-old supermarket warehouse manager, invested $8,000 into Shiba Inu (SHIB) when the price of the token was roughly $0.000001. In May, when the price of token increased significantly to hit a ATH of over $0.00035. This forces Rob to cash out a portion of his holdings to deposit $500,000 into his bank account.
In addition, the SHIB holder still has over $1 million worth of tokens following the price increase in October. More so, these overflowing funds enabled him to quit the job which paid 68,000 annually. This forced him to stay at home. In addition, he also plans to HODL his remaining tokens.
Rob said,
We believe so strongly that there is more to achieve with Shiba…I will never take out our entire portfolio.
Several Bitcoin (BTC) HODLERS, as well as the former warehouse manager, obtained millionaire or even billionaire status following the 2017 bull run.
When the project was listed last August, some token holders made similar purchases to Rob and have become billionaires. The price of Shiba Inu (SHIB) could potentially tumble if holders liquidate large quantities of tokens in the future, as it did in May.
Currently, according to CoinMarketCap, SHIB ranks eleventh in terms of market capitalization, while Dogecoin (DOGE) ranks ninth. The SHIB price is trading at $0.00005977, with a 24-hour trading volume of $11,803,566,816, at the time of writing.
Continue reading on CoinQuora
Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!Tags:
Related articles
Alibaba shares sink on quarterly revenue miss, weak China outlook By
{Current column}-- Hong Kong-listed shares of e-commerce giant Group (HK:) sank on Friday as a slowing economic reb ...
Read moreHow to trade well? Trading secrets that experts don't disclose.
{Current column}In the marketplace, among the winners, technology takes a back seat. Their domination of trading pri ...
Read moreBrokerages' revenue plunges amid declining transactions.
{Current column}Brokerages Drastically Reduce Commissions, Improving Stock Market EcologyThe year 2023 marks the sec ...
Read more
Popular Articles
- Instant View: Alibaba to split into six units By Reuters
- Forex investing is a psychological battle.
- Paramount's debt now "junk," aiding easier acquisition.
- Musk tweets: $10B in autonomous driving, challenges unimaginable.
- SoftBank's Arm rolls out new smartphone tech, MediaTek signs up to use By Reuters
- 赵长鹏交回护照暗示未来可能会面临问题
Latest articles
-
In Turkey, an election reckoning for the rise and fall of Erdogan's economy By Reuters
-
IPO funding cuts hit securities and banking hard.
-
Jan 8 Recap: Bearish Sentiment Over, Ready to Act
-
Yen may drop below key level, prompting BoJ policy shift.
-
7 big dividends & buybacks: Costco, J&J hike their payouts
-
Latest News on Wang Yawei's Disappearance and Detainment