If Dogecoin was a currency on platform X, the price would be x100->x1000 this 2024-2025 cycle easily. Don't let the total supply limit the potential of this coin. Save this article as evidence. $DOGE >= $10
Man Makes $70 Million Trading Shiba but Ends Up With Only $4,000. Here's what you need to know.
In what can be called a tale of unfortunate events, a man invested $4,000 in Shiba Inu only to later see his portfolio balloon to $70 million in less than a year. So why didn’t he cash out $70 million and lead a life of financial freedom with SHIB? Well, let’s find out!
So, the story goes that a man in Dubai took an early entry position in Shiba Inu just weeks after its launch in August 2020. He invested $4,000 just to test the waters as SHIB was an obscure and novice token back then.
The investor accumulated 5 trillion SHIB tokens for $4,000 as it was trading with nine ‘zeroes’ during that time. However, to his bad luck, SHIB began plummeting between September to December 2020 adding an extra ‘zero’ in the indices.
Fearing that his $4,000 could plummet further, he waited until SHIB bounced back in price and sold all 5 trillion tokens for the same $4,000. Therefore, the investor did not make any loss or profits in his holdings despite getting into SHIB early.
Now here comes the bad news: A month after he sold 5 trillion tokens, Shiba Inu started rallying in the charts. It began deleting its ‘zeroes’ turning small investments into big money.
To his surprise, four months after he sold his holdings, SHIB deleted four ‘zeroes’. In 10 months, SHIB knocked out six ‘zeroes’ in the charts.
In conclusion, his $4,000 investment could have turned $70 million in October 2021 when SHIB hit an all-time high of $0.00008616. The moral of the story is that if you’re into the cryptocurrency markets, handle the way you panic and react.
The current situation is more or less similar to the Dubai man who missed making $70 million. Moreover, the lesson learned here is, that when the markets recover, you never know if the sky has a limit. Two things can happen, either you turn into a millionaire, or you simply die trying. #ShibaPriceAnalysys #ShibaBurns #ShibaInuSurge #ShibaInuUpdate #CryptoScoop
🐾 Dogecoin (DOGE): A Meme Turned Investment Powerhouse
With a staggering market cap of $12.90 billion, Dogecoin is not just a meme; it's a mainstream asset. Priced at $0.0914, DOGE offers an affordable entry, backed by consistent media presence and industry titan support. Its high liquidity and strong community make it a stable, potentially growing investment in 2024.
🐕 Shiba Inu (SHIB): From Meme to Market Mover
Shiba Inu, with a $6.06 billion market cap, steps beyond Dogecoin imitation with Shibarium, enhancing transaction efficiency. Its aggressive burn policy could make SHIB deflationary, potentially driving value per token. A unique blend of tech innovation and scarcity-driven growth positions Shiba Inu for dynamic gains in the meme coin market.
☀️ Bonk (BONK): A Solana Sensation
Aligned with Solana, Bonk ($759.99 million market cap) stands out for performance and scalability. Priced at $0.00000183, it's a low-entry option. With Solana's rising adoption, Bonk strategically positions itself for potential growth, appealing to investors eyeing efficient and eco-friendly crypto assets.
🐸 Pepe Coin (PEPE): A Community-Driven Contender
With a $527.24 million market cap, Pepe Coin thrives on community-driven growth. Priced at $0.030127, its brand taps into viral culture. As the meme coin sector expands, PEPE's community-centric approach positions it as a resilient and growing investment, emphasizing innovation and engagement.
👶🐾 Baby Doge Coin (BabyDoge): Beyond the Meme
Distinguished by a $1.20 billion market cap, Baby Doge Coin advances Dogecoin's legacy with faster transactions and a deflationary policy. Its commitment to animal welfare and a decentralized AI image generator sets it apart.
📈 Ready to Ride the Meme Coin Wave in 2024? Follow The Blockopedia for the Latest Crypto Insights! 🚀