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Imagine a crypto investment of yours, of about eight thousand dollars, turning into millions? Surely that sounds enough to even retire and chill! This sweet-sounding dream indeed turned into a reality for a man! A former supermarket warehouse manager named Rob has been able to retire at the age of 35, after investing in the popular meme coin Shiba Inu.
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He had reportedly told Fortune about how he started trading cryptocurrencies in an effort to build a brighter future for his partner and son.
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How It All Started
It all started when Rob became interested in Shiba Inu after reading about the memecoin’s 28-page white paper upon its launch in August 2020.
As per his statement to Fortune, Rob was hooked to the memecoin.
He then decided to gradually invest $8,000 in it and like any other investor, expected his holdings to grow.
As the value of the Shiba Inu kept soaring in May 2021, Rob was happy to see his investments multiplying, and he even stated that he would check his account every hour to make sure his gains were still intact!
He said “I come from quite a poor background. I could never have even fantasized about having this much money. But (when I checked) it wasn’t gone. It wasn’t a dream!”
Also Read: Elon Musk Nudges McDonald’s To Accept Dogecoin As Payment, It Responds With New Crypto ‘Grimacecoin’
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The Rise & Then, Retirement!
Seeing Shiba Inu’s value soaring in May 2021, Rob then decided to encash $500,000 worth of Shiba Inu and happily deposited it into his bank account, after a few months of investment,
Then came another surge wherein the coin’s value raised Rob’s earnings to over $1 million! (As per the document review by Fortune).
Ofcourse, with his $8000 investment turning into over a million dollars in a short period, Rob decided to chill and retire comfortably with the huge money, at the age of just 35. All thanks to the rise in Shiba Inu’s value during that period!
Besides memecoins like shiba inu, dogecoin etc which have occupied the crypto headlines every now and then, even the NFT craze has not spared people. Many people all over the world have even earned thousands or even millions of dollars through NFTs!
Also Read: Countries Where Cryptocurrency Is Currently Banned
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