Once upon a time, there was an exceptional dog. That dog was a Shiba Inu, and this dog-inspired millions of people around the world.
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For those who are new, CNN published about Shiba INU: “Tommy, 38, and James, 42, who have asked CNN not to publish their last names to protect their anonymity, had put a few hundred bucks into an odd digital asset called SHIBA INU coin — a spinoff of dogecoin, so basically a parody of a parody. One coin was worth a fraction of a cent, but a friend, who happened to be a crypto expert, told them he believed it could be a big moneymaker.
“I kind of thought about bitcoin — that was once a fraction of a penny, and now it’s tens of thousands of dollars, and this happens to people, it’s possible,” Tommy said. “I trusted my friend, and I figured if it went to zero, that’s OK. I thought of it as a lotto ticket that wouldn’t expire.”
CNN pointed to how in just less than two months after their initial investment in late February that the lives of the Shibu Inu investors changed. The publication also stated that April 17, 2021, was their dad’s birthday and that instead of giving him a card – they made him a millionaire.
Needless to state that the valuations on cryptocurrencies exploded in 2021. Cryptos have been long ignored by Wall Street. Even Bitcoin and the most famous Altcoins were ignored and were called a bubble. However, now it is very obvious that these cryptos can enjoy unparallel investor interest.
The founders invested just $200 each. They wanted their family members to invest, and they presented their ideas, and initially, their mom and sister put in $100 each. After the price went up by 300%, then invested another $100, and the investment went as high as $8000.
Before the pandemic, the founders were into filming weddings. They were shooting 30 to 40 weddings a week, and after the pandemic, it fell down to 8.
When their Shiba coin investment took off, it was a change in their fortune. While filming a wedding in mid-April, they kept half an eye on their investment, which had quickly shot up to $100,000. And it kept climbing. And the world knows the rest of the story.
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