Shiba Inu Investor Fumbled $882 Million Bag, Here’s How

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A crypto investor has amazed many with the revelation of a one-time missed opportunity With Shiba Inu. The investor, who has the name Rick Primes on the social media platform X, announced that he once had astonishing 2.1% of the overall offer of Shiba Inu (Shib) to leave the market much too early and to change a potential bag of 882 million dollar during the price spirit of Shiba Inu.

The early Shiba Inu investor loses in a massive bag

Shiba Inus Reise from Obscure Meme Coin The most popular meme coin is one of the best-known stories from the Bullenmarkt 2021. Although Shiba was inu Created as a funny answer For Dogecoin, the most popular meme coin at this time, she finally collected an enormous community on the Internet and attracted billions of investment capital.

Between January and October 2021, Shib achieved one of the most explosive yields in crypto history and climbed by more than 100,000%at his peak. Those who occurred early and held their positions during this parabolic phase could only turn hundreds of dollars into millions. The frenzy culminated when Shiba Inu temporarily entered the top 10 cryptocurrencies with the market capitalization.

Among those who allegedly invested early is a social media user who has the name Rick Primes on X.

The ShiB market capitalization is currently at 7.94 billion US dollars. Diagram: Tradingview

Rick Primes Reminded his story as Part of a broader discussion thread in which users are asked to tell their worst fumbles on the crypto market. According to him, He initially had 2.1% From Shiba Inus overall care in the early stages of the start of the token. In the end, however, he sold this position long before Shib started his crazy ascent. After the initial participation was liquidated, he entered the market again to keep about 0.8% of the offer, and later left a modest profit in the range of $ 20 million to $ 30 million.

The pain is not in this profit he made, but in what could have been. If he had kept the full range of 2.1% of SHIBA inu from $ 0.00008616 in October 2021, the value would have reached up to $ 882 million.

Shiba inu Prize today

Apart from a few spikes here and there, the Meme -Münznische in this cycle was relatively quiet. Although the current market cycle is less euphoric than The 2021 Run, Shiba Inu and his investor community I still have a strong presence In the crypto industry.

At the time of the letter, Shib acts with $ 0.00001335, which has increased by about 16.3% in the past seven days. However, the Meme coin could be difficult to break up by a strong resistance by $ 0.0000135, where it was rejected in June.

Selected picture of Unsplash, Diagram from Tradingview

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