A crypto investor, Rick Primes, recently shared a seriously painful story about missing out on a huge opportunity with Shiba Inu (SHIB). He revealed a massive missed chance that would make anyone cringe.
A Missed Fortune
Shiba Inu’s rise in 2021 was legendary. It went from a relatively unknown meme coin to a crypto sensation, skyrocketing over 100,000% in just months. Early investors who held on saw incredible returns.
Rick Primes was one of those early investors. He originally owned a whopping 2.1% of the total SHIB supply! But, he sold his entire stake way too early.
The What-If Scenario
After selling, he bought back in, holding about 0.8% this time. He eventually sold again, making a respectable $20 million to $30 million profit. Not bad, right? But, the real kicker? If he’d held onto that initial 2.1% until Shiba Inu hit its all-time high in October 2021, his holdings would have been worth a staggering $882 MILLION!
Shiba Inu Today
The meme coin market is a bit quieter now compared to the 2021 frenzy. Shiba Inu is still around, though, and its community is still active. Currently, SHIB is trading at around $0.00001335. While it’s seen some recent gains, it’s facing some resistance.