Highlights
- Factory manager quits job because of SHIB profits
- Having been able to quit his job, for which he earned $68,000 a year, he was able to stay at home with his child and participate in online discussions about meme coin-related projects
Millionaire And Stay-At-Home Dad
According to a source, Shiba Inu token holders who invested thousands of dollars in the meme coin in February have partially cashed out to become stay-at-home fathers for their children. Shiba Inu (SHIB) was trading at roughly $0.0000001 on Thursday when an unidentified 35-year-old supermarket warehouse manager purchased $8,000 worth of Shiba Inu tokens, giving him an allocation of 800 billion tokens in exchange for his purchase. A part of Rob’s tokens were sold in May, when the token price skyrocketed to an all-time high of more than $0.00035, allowing him to pay out a piece of his investment.
Rob’s Vows To Never Sell All His SHIB
Despite the price boom of SHIB that occurred in October, the token holder still has more than $1 million worth of cryptocurrency in his possession. Because of the money, he has been able to quit his $68,000-per-year job, stay at home with his child, and participate in online discussions on SHIB programs. Therefore, he wishes to keep all of his tokens in his possession. Rob believes that there is still more that can be done with Shiba, and he is right. I will never sell our whole stock portfolio or liquidate our assets.
The Future Generation Of Crypto Millionaires Has The Option To Retire
According to the former warehouse manager, who is part of a new generation of cryptocurrency users who have become millionaires and even billionaires during the 2017 bull run, Bitcoin (BTC) is a good investment right now. For example, a 5,799,999,900 percent rise in the value of SHIB occurred between October 2020 and the time of writing this article. In addition, when the initiative went public in August, there were several billionaires and new crypto-whale investors among those who acquired tokens in the same manner that Rob did. However, if a significant quantity of SHIB tokens were to be sold in the future, the price of SHIB tokens might potentially decline, as it did earlier this month.
SHIB’s Current Ranking
SHIB is now ranked eleventh in terms of market capitalization, with Dogecoin (DOGE) occupying the ninth position, according to CoinMarketCap. Tokens in circulation total 549 trillion, and the current market capitalization of SHIB is around $32.6 billion.
Source: Fortune.com/shiba
