JAKARTA – The price of Shiba Inu (SHIB) has skyrocketed in recent months. This increase has benefited many of its holders many times over. A warehouse manager of a supermarket named Rob has invested his money last February amounting to 8,000 US dollars (approximately Rp. 114,252,000), according to a report from Fortune.
Rob bought Shiba Inu tokens at a price of 0.0000001 US dollars for a total of 800 billion SHIB tokens. In May, when the price of SHIB skyrocketed to his new ATH at the level of 0.00035 US dollars, Rob withdrew some of his money and deposited 500,000 US dollars (Rp 7.1 billion) into his personal bank account.
Until now Rob is rumored to still have Shiba Inu tokens worth more than 1 million US dollars after the price skyrocketed last October. This value allows Rob to retire early from his job which pays US $ 68,000 per year or around Rp. 971 million.
Rob decided to stay home and take care of his son. He also frequently participates in online discussion events about a number of Shiba Inu projects. Rob plans to continue to hold his remaining SHIB token holdings.
“We firmly believe that there is much more to be achieved with Shiba,” said Rob. "I would never take our entire portfolio."
The former supermarket warehouse manager entered the ranks of crypto owners who became new billionaires just by holding crypto without trading. At the time of writing, the SHIB price was trading at the level of 0.0005425 US dollars or Rp.0.778. The SHIB token increased by 98.4 percent in the past month based on data from Coinecko.
A number of people who bought SHIB when the token was registered in August 2020 are now billionaires and new whales like Rob. However, if they liquidated a large amount of SHIB tokens, then it would potentially drop the price of the Shiba Inu. With the increase in the price of SHIB, the token created by Ryoshi is in the 11th position of the largest crypto by market capitalization under its competitor, Dogecoin.
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