A cryptocurrency investor announced that he has sold his flats for 4 million Shiba Inu (SHIB), hoping to get rich from meme coins. Sharing his story on Reddit, the altcoin hunter hopes that SHIB will reach $0.10 one day. Details Cryptocoin. com
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Aims to become billionaire with altcoin investments
According to the Reddit user’s posts, he will expect SHIB to start trading at “at least” $0.01 or $0.10, even if it takes “10 years or 15 years.” The posts included the following statements:
If I lose everything, I really don’t care, I have a good job I can count on, not much, but I will play to get better in the near future.
News sources state that other Shiba investors have recently tied their life savings to the meme-inspired cryptocurrency, and even if they are homeless, they refuse to sell until they are rich. SHIB has had a massive price boom this year, so much so that an investor who at one point put $8,000 into the cryptocurrency saw the value of the investment soar to $5.7 billion before the token’s price began to drop.
Shiba, the most searched cryptocurrency
The price of SHIB has soared on an individual investor spree that has seen it become the third most used cryptocurrency on Google so far this year. Research shows that Shiba Inu receives an average of 2.8 million monthly searches so far this year, while Bitcoin (BTC) receives an average of 22 million monthly searches. Ethereum comes in second with an average of 6.3 million searches per month.
The meme-inspired cryptocurrency has become the largest ERC-20 token holding among the top 1000 Ethereum (ETH) wallets with a total value of over $2.37 billion after converting Bitpand exchange’s cryptocurrency (BEST) and OKEx’s OKB .