A Shiba Inu token holder who invested thousands of dollars in the memecoin in February has partially cashed out to become a stay-at-home dad.
According to a Thursday report from Fortune, a 35-year-old supermarket warehouse manager identified only as Rob invested $8,000 into Shiba Inu (SHIB) when the price was roughly $0.0000001 — giving him an allocation of 800 billion tokens. In May, when the token price surged significantly to reach a then all-time high of more than $0.00035, Rob cashed out part of his holdings to deposit $500,000 into his bank account.
The SHIB holder still has more than $1 million worth of crypto following the token’s price surge in October. The funds have allowed him to quit his job, which paid $68,000 annually, stay at
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