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😱😱😱Experienced Investor Reveals Her Only Regret About Shiba Inu
Well-known crypto investor Jake Gagain took to X to explain his personal experience with Shiba Inu (SHIB) and highlighted his only regret about the dog-themed token.
In a recent X post, Gagain revealed that the first Shiba Inu purchase took place in April 2021, when the market value of the asset was around $100 million.
Although Gagain did not disclose the value of the initial SHIB purchase, he expressed regret that he did not purchase more Shiba Inu tokens when the asset's value was $ 100 million
Gagain's regret echoes a similar sentiment among Decrepit crypto investors, who wish they had invested more money to maximize their returns after getting a remarkable return on their investments.
Shiba Inu's Journey to Fame
As April 2021, #ShibaInu had not received much attention among Decrypto enthusiasts. Especially many investors expected this to disappear, given that it was launched as a memecoin.
When Gagain bought his first #SHIB , the token was being traded with multiple zeroes after the comma. Given Shiba Inu's 1 quadrillion token supply, a market cap of $100 million would push Shiba Inu's price up to $0.0000001.
Shortly after Gagain's purchase of the first SHIB tokens, Shiba Inu began to see major developments and significant price increases, which attracted the interest of the broader crypto community.
For example, in May 2021, Ethereum co-founder Vitalik Buterin sent 410 trillion SHIB tokens to a dead wallet. The tokens were gifted to him by Ryoshi, the pseudonymous founder of Shiba Inu, as part of a marketing strategy. In particular, Ryoshi sent 50% of SHIB's supply (500 trillion SHIB) to Buterin.
October May 2021 also saw the listing of Shiba Inu by leading crypto exchanges including Binance. The positive developments surrounding Shiba Inu at that time caused its price to rise suddenly, and it finally reached an all-time high of $0.00008845 (ATH) on October 28, 2021.
