A crypto -investor has stunned many with the revelation of a missed opportunity once in life with shiba inu. The investor, who goes by the name Rick Prime on the social media platform X, shared that he once held an astonishing 2.1% of the total Shiba inu (SHIB) delivery, just to leave the market far too early and fumble a potential $ 882 million during the Shiba Inu’s Price Peak.
Early Shiba Inu Investers lose on massive bag
Shiba Inu’s Journey From Obskur Meme coin to the most popular Meme coin is one of the most famous stories from the Bull Market 2021. Although Shiba Inu was created as a fun answer To Dogecoin, the most popular Meme coin at that time, it eventually gathered a huge society on the Internet and attracted billions in investment capital.
Between January and October 2021, Shib published one of the most explosive returns in Crypto History and grew by more than 100,000% at its peak. Those who entered early and held their positions during this parabolic phase could only turn hundreds of dollars into millions. Frenesin reached its climax when Shiba Inu temporarily entered the top 10 cryptocoirs with market cases.
Among those who are allegedly invested early is a user on social media named Rick Prime at X. His interesting revelation regarding Shiba Inu was made in response to another trader who recalled his own costly mistake with Pepe by selling his own 3% of the total PEPE range very early for just $ 100,000.
Rick prime recalled his story as Part of a broader discussion thread that asks users to tell about their worst fumbles in the crypto market. According to him, He originally owned 2.1% by the SHIBA INUS total range during the early stages of the token’s launch. But he ended up selling that position long before Shib started his crazy ascent. After liquidating the first holding, he returned the market to keep about 0.8% of the supply and later went again for a modest profit in the range of $ 20 million to $ 30 million.
The pain is not in the gain he made, but in what could have been. If he had held a total of 2.1% supply to the SHIBA INU’s high price of $ 0.00008616 in October 2021, the value would have reached as high as $ 882 million.
Shiba inu -price today
Save for some nails here and there, the Meme coin niche has been relatively quiet this bike. Although the current market cycle is less euphoric than 2021 drive, Shiba Inu and its investor society still have a strong presence in the crypto industry.
At the time of writing, Shib is traded at $ 0.00001335, which is an increase of about 16.3% over the past seven days. But the Meme coin may have a hard time breaking over a strong resistance around $ 0.0000135, where it was rejected in June.
Image from Unsplash, charts from TradingView
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