Shiba Inu: A Driver Makes $1.7 Million With An investment of $650 Shiba Inu is a cryptocurrency that changed the lives of early investors for good. SHIB was released in August 2020 at a modest price of $0.00000000051 (nine zeroes) and was extremely affordable to the average Joe. A mere investment of $2,000 could have fetched investors trillions of tokens making it seem like an interesting affair. A truck driver from the U.S.got in early on Shiba Inu in 2020 and quit his job after making $1.7 million. The life-changing gains occurred less than a year after he poured a mere $650 into SHIB. The driver made generational wealth in a short period and now lives a life of financial freedom. Shiba Inu: $650 Turns Into $1.7 Million in Less Than A Year A truck driver purchased $650 worth of Shiba Inu tokens in 2020 and got about his work as usual. Little did he know that he would turn a millionaire the next year and no longer drive for a living. In May 2021, when SHIB reached a high of $0.00004000, the $650 investment ballooned to $1.7 million. The driver sold all his holdings and made way with a wealth of $1.7 million the same month. SHIB had spiked 45,000,000% (45 million) percent between August 2020 to May 2021. His employer confirmed that one of his drivers quit because he made more than a million with Shiba Inu. "One of my drivers quit because he made $1.7M in crypto on a $670 investment. Good guy, has kids. Doesn't matter, that'll still infuriate the bankers and lawyers slaving away for $500k a year," he tweeted back then. The employer has now kept his Twitter account private for security reasons. However, SHIB is not making current investors millionaires as the token has been moving backward for two years. The majority of investors are now underwater and might never turn millionaires if SHIB doesn't hit the $0.01 milestone. #SHIB #dyor #cryptocurrency
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Binance Offers You a Chance To Win Free 4000 USDT in MENA Contest
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Activity Period: 2023/12/08 - 2023/12/22 (UTC)
😊 Countdown: 05 Days Left
Binance has come up with another offer for P2P traders in selected MENA and South Asian countries! Join the carnival for a chance to share in a whopping 4,000 USDT in Token Vouchers!
Promo A - New Users:
New users, confirm your participation and complete your first trade (=30 USDT equivalent) to grab a 3 USDT token voucher! Hurry, limited to the first 500
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WM Promo B - Existing Users:
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Crunching Numbers: When Will Shiba Inu (SHIB) Slash a Zero and What Factors Play a Role?
Shiba Inu (SHIB) has emerged as a prominent meme-inspired cryptocurrency since its launch in August 2020. Initially conceived as an experimental decentralized community project by an anonymous individual or group known as Ryoshi, SHIB gained traction in May 2021 when Ethereum co-founder Vitalik Buterin donated and burned trillions of SHIB, propelling its price from $0.0000007 to $0.000037 within days. By October 2021, SHIB reached a peak of $0.000088, showcasing impressive gains of over +10133726% from its debut. However, the cryptocurrency has faced significant declines amid the 2022 crypto bear market.
Despite the challenges, the developers behind SHIB have been proactive in expanding its utility beyond speculation. Initiatives like the Shibarium layer-2 network, metaverse land in the Shibaverse, and plans for merchant payments with SHIB demonstrate efforts to diversify its use cases. However, the token's prices remain subdued, hovering near all-time lows. Currently trading at $0.000008241, SHIB's future trajectory, including the potential deletion of a zero and reaching the $0.00001 level, is uncertain. According to predictions from Changelly, SHIB is anticipated to hit $0.0000105 in March 2024, with analysis suggesting it may fluctuate around a minimum price of $0.00000721 during that period. Nevertheless, it's crucial to approach such forecasts with caution, given the inherent volatility of cryptocurrency markets. #Memecoins #SHIBFuture #SHIB #SHIBCommunity #BinanceTournament $SHIB
Prominent crypto analyst Crypto insight UK has given his thoughts on whether or not the XRP price can replicate the notable 61,000% gain it enjoyed back in 2017. Although the analyst sounded uncertain about how things could pan out, he provided insight as to what the future holds for XRP.
XRP Price Repeating 61,000% Move Will Be Harder.
In a post on his X (formerly Twitter) platform, Crypto Insight UK highlighted how XRP exploded in 2017. The crypto token is said to have seen a 61,000% gain in 280 days. As to whether a repeat can happen, he mentioned that it would be harder as the market cap would have to be huge. He didn't rule it out, though, as it would be possible with "real- world utility."
The crypto analyst seemed to be more focused on talking about the XRP price potential rather than talking about how high the token could rise. He alluded to the hate that XRP receives and how when people feel such a way, there is probably "value" in that asset. He also highlighted other factors that make the token stand out.
Crypto insight UK mentioned that "XRP has had another 3 years of consolidation to most other cryptos." This places the token on a higher pedestal as it bounded to enjoy expansion from a technical analysis angle.
The analyst also spoke about how XRP is the only crypto token that has overtaken
ETH in market cap on more than one occasion. On one of them, it enjoyed
about 20% market share in the total
crypto market cap.
The crypto analyst was quick to disclaim whether that meant he was suggesting that the XRP price could achieve these feats again. He stated that only time will tell as he wasn't making any point but only sharing his thoughts.
Here's How much You Will Earn if You Hold 100 Million Shiba Inu And SHIB Hits $0.001 or $0.01
In a crypto landscape marked by fluctuations, the post delves into the possibilities of holding 100 million Shiba Inu (SHIB) tokens, exploring potential earnings if SHIB were to reach $0.001 or the ambitious $0.01 mark. Despite recent bearish trends, some analysts see the current phase as an opportunity for investors to accumulate more SHIB at discounted prices.
At the current rate of $0.00000835, investing $835 in 100 million SHIB could turn into $8,845 if SHIB reclaims its all-time high of $0.00008845. However, the real intrigue lies in the $0.001 scenario, where the investment could skyrocket to $100,000, presenting a remarkable return on investment of over $99,000. While the $0.001 target remains uncertain, it adds an element of hope for investors.
The post also explores the extreme $0.01 projection, acknowledging its near- impossibility yet acknowledging the unpredictable nature of the crypto market. If SHIB were to hit this ambitious mark, the 100 million tokens would transform an $835 investment into a staggering $1,000,000, boasting a phenomenal 119,660% return on investment and a profit of $999,165. As investors navigate the volatility, these projections offer a glimpse into the potential rewards for those willing to ride the waves with Shiba Inu.
✅Remember to have orders laddered along entire entry range with a larger order at OTE (Optimal Trade Entry), and be alert for volatility.
Take 30% off the table on first 1/2 targets and move stops to entries after Target 2/3 (depending on your risk tolerance), making it a free ride to further targets. Take equal profits on further targets, moving stop losses in profit.
Considering current market conditions and volatility, we done recommended going above our recommended position size.
🔴 In the fast-paced crypto universe, tales of overnight millionaires transcend myth to reality. Explore the saga of a trader who, in a mere 91 days, transformed a modest $98 investment into an astonishing $1.1 million. This isn't a stroke of luck; it's a narrative woven with strategic brilliance and market insight, ushering the trader into the exclusive crypto millionaire club.
👉 Strategic Fearlessness: From $98 to $1M Insights from On-chain Analyst OxReflection & Dive into the fearless investment strategy of trader Oxad47...628e, who fearlessly navigated specific tokens, often pioneering investments in these assets. Witness the remarkable growth of the wallet address O0xad47...556628e, where every coin purchased proved to be profitable.
👉 Major Wins: ATOR and MC Tokens:
Gains from AirTor Protocol and Merit Circle 👨❤️💋👨 Explore the significant gains from ATOR, the native token of the AirTor Protocol, witnessing a growth of over 7,000% since its launch. Trader Oxad47...628e, among the earliest investors, reaped substantial profits by acquiring 600,000 ATOR at $0.08 each. Another lucrative venture involved MC, the native asset of Merit Circle, where the trader amassed over $62,900 in profits by purchasing 100,000 MC at an average price of $0.29.
👉 Decoding the Market: AllianceBlock Nexera Token (NXRA)
Insights into AllianceBlock Nexera Token Profits
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👉 Cautionary Wisdom: The Art of Trading: Reflections and Warnings from 0xReflection & Submitted Erc20 wallet.
🥳My Secret on How To Consistently Make Profits When Trading 🥳
When it comes to trading, most beginners wait too long in the market hoping to make big gains before exiting a position.
However, according to few successful traders, it been noticed that most people making good money trading crypto do this two things
👉 1) Have good trading capital 👉 2) Take Small Profits
Itrue that you should learn to trade with a small capital, so that you are confident of your strategy and you can learn from your bad mistakes.
👉 But, it even more important to note that if you want to make trading a business instead of a hobby, you should set aside at least $1,000 to 5,000 to start.
👉 These does not mean you can make money with less than $5,000, but from very little market fluctuations and you can exit the market with your profits.