Shiba Inu shares the top 10 most captivating stories in the crypto industry since its inception.
Uncover the ??? ?? ???????? ?????? ??????? ?? ??? ???? in our 5th edition! ? Which mind-blowing story have you stumbled upon? Dive into the intrigue ⬇️ https://t.co/VkPFxQSGIN #TheShibMagazine pic.twitter.com/QHUEVvOMBf
— Shib (@Shibtoken) December 6, 2023
Shib Magazine is one of the most amazing projects within the Shiba Inu ecosystem. Aside from distributing NFT covers to subscribers, the Shiba Inu team has continued to publish exciting content, keeping readers glued to their screens every week.
In the recently published fifth edition of the SHIB Magazine, the Shiba Inu team spotlighted the top 10 craziest stories that have happened in the crypto space since its inception.
Teenager Becomes a Millionaire From a $1,000 Bitcoin Investment
The craziest crypto story that made the number one spot of Shib Magazine is how Erik Finman became the youngest Bitcoin millionaire at 19.
As seen in the magazine, Finman invested $1,000 in Bitcoin when he was just 12 years old. At the time, he received money from his grandmother for his college education. He went on to purchase 403 Bitcoin, valued at $2.8 million at the time of the publication.
Tyler and Cameron Winklevoss became famous in the crypto space for the launch of Gemini, one of the leading centralized exchanges in the U.S.
Notably, the Winklevoss brothers became famous in 2004 after they sued Mark Zuckerberg, alleging that the Facebook boss stole their ideas that birthed the social media platform.
After a multi-year legal battle, they agreed to a settlement, with the twin brothers receiving $20 million cash and Facebook stock worth $45 million. Interestingly, they invested $11M from the cash into Bitcoin, acquiring the asset at $120 apiece. Their 91,666 BTC later grew to a whopping $641 million.
El Salvador Accepts Bitcoin as a Legal Tender
The crypto community will always remember how El Salvador passed a bill in 2021 that saw the country adopt Bitcoin as a legal tender.
El Salvador did not just adopt Bitcoin as a legal tender; it also purchased huge amounts of the asset class.
Most Successful Crypto Trade
For the fourth craziest story, Shiba Inu spotlighted how a crypto investor turned a meager investment of $8,000 worth of SHIB into a whopping $5.7 billion. The interesting part of the story is that the investor achieved this feat in roughly 400 days.
The investor used the dollar-cost average (DCA) technique to accumulate 103.3 trillion SHIB from August 1, 2020 to February 2, 2021.
Although the investor sold some of the tokens, the user still held substantial funds into the 2021 bull market. By October 2021, when SHIB spiked to an all-time high of $0.00008, the user held 70.17 trillion worth $5.71 billion.
Shiba Inu included tales of CryptoKitties in its top 10 craziest crypto stories, highlighting how investors splashed a whopping $117.7K worth of Ethereum (ETH) to acquire these virtual cats.
Craig Couples’ Life on Bitcoin
The leading canine-themed crypto project spotlighted Beccy and Austin Craig, who went on an adventurous experiment in 2013 dubbed Life on Bitcoin.
The newly wedded couple traveled to various parts of the world for 90 days, making payments for goods and services using only Bitcoin.
Crypto-Friendly Cop Converts His Annual Wage to Bitcoin
Unlike the typical cop story, Tony Vaughn, a Kentucky police officer, requested for his annual salary worth $54K to be paid in Bitcoin as far back as 2013.
The decision later paid off as Bitcoin appreciated by a staggering 5,300% following the widespread adoption of the asset.
€150M Worth of Bitcoin Lost Forever
Shiba Inu recounted how an early Bitcoin investor lost his hardware wallet containing a whopping €150M worth of BTC.
The wallet owner misplaced the storage device containing the funds after cleaning up his storage room. All efforts to recover the device from the trash site were futile.
10K Bitcoin for 2 Pizza
The craziest crypto story of all time would not be complete without the tale of how an early Bitcoin investor Laszlo Hanyecz splashed a massive 10,000 units of BTC on two Papa John’s pizzas on May 22, 2010.
Hanyecz made history, and the crypto community will always remember him for being the first person to use Bitcoin as a medium of exchange in a commercial transaction. Consequently, May 22 is set aside as the world’s Bitcoin Pizza Day.
$1M For Digital Potato
The story of a crypto enthusiast who paid a huge sum for a digital potato during the NFT frenzy resurfaced in the Shib magazine.
According to Shiba Inu, the anonymous user splashed a massive $1 million on a digital portrait of a potato, leaving everyone stunned.