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Shiba Inu Cryptocurrency (SHIB) - $ 17 investment, $ 6 million return. In six months

Shiba Inu Cryptocurrency (SHIB) - $ 17 investment, $ 6 million return. In six months

created Michał Sielski17 May 2021

Dogecoin was a joke and speculation, on which some made a fortune and others lost because the price of an exclusively speculative cryptocurrency rose and fell at a frantic pace? This is what will say about a joke, i.e. a token Shiba Inu (SHIB)which the rate has increased by 2% since the beginning of the year? Yes, yes: two million and three hundred thousand percent.

We continue the cycle of the Forex Club portal, in which we analyze and describe the largest, highest-valued, most interesting, most developmental, advanced and also the most controversial cryptocurrency projects around the world. Today it's time for Shiba Inu - a speculative cryptocurrency whose history is so incredible that even if it were a fairy tale, it would be hard to believe. But it is real because its rate can be followed and some of the wallets are shown live. 

Be sure to read: Director Goldman Sachs quit his job after earning millions on Dogecoin

Millions for a pizza? It was supposed to be a unique occasion

Anyone who is even a bit interested in cryptocurrencies knows the history of the first transaction in Bitcoinach. For two pizzas, you paid 10 thousand. Bitcoin. The lucky buyer of the dinner was Laszlo Hanyecz, one of the first BTC mining companies. Virtual coins (or rather keys to them) he gave to another user of the Bitcointalk forum. Today for the equivalent of 10 thousand. BTC (PLN 1,6 billion and this is only because the cryptocurrency price has dropped significantly in recent days) he could buy a few pizza factories or a chain of pizzerias throughout Poland. And he would still have to.

Every year on May 22, the cryptocurrency community celebrates Pizza Day on this occasion, and it is always remembered as the only, unique opportunity that only a few have managed to use to make a fortune. But we already know that it was not the only chance and instead of mentioning it, we had to hunt for another one. And some have succeeded. 

Shiba Inu (SHIB) - cryptocurrency joke cryptocurrency joke

dogecoin cryptoLast year, billionaire Elon Musk began to rock the cryptocurrency market in jest, by seriously supporting the Dogecoin token, which was created as a joke and was to be a response to the campaign for cryptocurrencies after the arrest of criminals from the Silk Road exchange, settling in cryptocurrencies. Dogecoin is a cryptocurrency whose logo is proudly looking at us - the hero of countless memes around the world. It is an ordinary token, created on the basis of Ethereum, without much history and applications - it is supposed to be used only for payments, mutual settlements and ... speculations, which reached their peak in recent months.

It was this swing of rates that made them appear on the market another "dog" cryptocurrency. A mysterious individual, hiding under the pseudonym Dogecoin Killer, created the Shiba Inu token (this breed is the dog in the Dogecoin logo), which - according to the declaration - was to sweep Dogecoin off the market. Shiba Inu was also based on Ethereum, and its creator also does not try to come up with a platform, applications and innovative solutions for it. It has to be and it is. And how!

Crazy gains and quick debuts

Half a year ago, the Shiba Inu (SHIB) rate fluctuated around 3 millionths of a cent. But then the rally began, which even on the cryptocurrency market is not watched too much. Five months was enough to increase by 2%. Okay, but were there any people who managed to use it and earn? They were what you can watch on the internet public cryptocurrency wallets. 

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One of the investors allocated an impressive 17 USD to Shiba Inu, after which his tokens increased the value to ... 6 million USD! We do not know if he rested for these few months, but even if he is a mine miner or a person cleaning toilets in a hospital infectious ward, it cannot be said that it was hard-earned money ... - a trifle - 200 billion Shiba Inu tokens. Such crazy growth was undoubtedly helped by quick debuts on the largest cryptocurrency exchanges in the world: OKEx, Huobi, FTX, Poloniex, and recently also Binance.

shiba inu coin chart binance

Shiba INU (SHIB) token chart, interval H1. Source:

More pearls waiting?

Anyway, Shiba Inu investors are not limited to buying one new cryptocurrency with an interesting name. There are more jokes waiting for cash, this time referring directly to Elon Musk, the richest man in the world, whose tweets started madness on "laughing" cryptocurrencies. Who knows, maybe Star Elon tokens and even Papa Elon will repeat this success?

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About the Author
Michał Sielski
Professional journalist for over 20 years. He worked, among others, in Gazeta Wyborcza, recently associated with the largest regional portal - He has been present on the financial market for 18 years, he started on the Warsaw Stock Exchange when the shares of PKN Orlen and TP SA were just being introduced to the market. Recently, his investment focus has been exclusively on the Forex market. Privately, he is a parachutist, a lover of Polish mountains and a Polish karate champion.