Missed Fortunes: Dubai Investor’s 7.54 Trillion Shiba Inu, Once Valued at $70M, Now Sells for $4k

Dubai investor sold his 7.54 trillion Shiba Inu for $4k, which would have been worth $70 million at SHIB’s all-time high.

About three years ago, a Dubai-based investor acquired Shiba Inu tokens valued at $4,000. With this initial investment, the investor managed to amass over 7.54 trillion units of Shiba Inu.

Meanwhile, Shiba Inu was one of the poor-performing cryptos in 2020, which was around the time the digital asset went live.

Understandably, most of Shiba Inu’s early investors lacked confidence in its potential. They often bought Shiba Inu tokens to make swift profits, abandoning it without considering its long-term prospects. Likewise, the Dubai-based investor had no inkling that Shiba Inu would yield transformative gains. 

Relinquishing $70M Shiba Inu Investment for $4K 

While Shiba Inu had an uneventful performance in 2020, it caused the Dubai investor to feel anxious about its future potential. Specifically, Shiba Inu hit its lowest point ever in the year shortly after its debut, based on available data from CoinGecko.

The event implies the original $4,000 investment saw a significant dent. Meanwhile, a brief surge in Shiba Inu’s value later prompted the Dubai investor to exit his Shiba Inu portfolio immediately after it reached his initial investment amount. 

Notably, the Dubai investor acknowledged selling his trillion units Shiba Inu portfolio for the same price he got them in a short YouTube clip.

What unfolded in the Shiba Inu market in the following year was unprecedented. Within ten months, Shiba Inu canceled six of its leading zeros from $0.000000000056366 to reach an all-time high of $0.00008616.

This figure implies the initial $4,000 Shiba Inu investment would be worth $650,110,648 at SHIB’s all-time high. Meanwhile, when the Dubai investor granted the interview, he agreed his portfolio would have been worth $70 million based on Shiba Inu’s price.

While this Dubai investor hurriedly left the Shiba Inu market for fear of losing all his initial investment, The Crypto Basic has reported another major investor who remained resilient and weathered the storm. 

In particular, this early Shiba Inu investor cashed over $5 billion from a mere $8k investment in SHIB. The Crypto Basic recently disclosed the strategy he employed to emerge as a Shiba Inu billionaire.