"Wow, this truck driver is really lucky, he quickly took the opportunity."
Cryptocurrency investors may or may not have heard of the story of a few dramatically changing financial futures, one of which is a truck driver from the United States.
Shortly after investing just $650 into the obscure second biggest Shiba Inu (SHIB) memecoin of 2020, the truck driver found himself with $1.7 million almost a year later.
Explained further, he decided to take a chance on the very affordable SHIB in August 2020 when the price was at $0.00000000051 per token, where $650 would have made him own a trillion memecoins.
According to the truck driver's employer, one of his drivers quit after he made $1.7 million in crypto with only $650 capital and he was a good guy with kids.
By May 2021, the obscurity of the bearish market had given way to memecoin to stand out as crypto speculation became mainstream, SHIB's value suddenly rose 45 million percent in nine months and became the cause of the truck driver's $1.7 million.
Instead of continuing his work as a truck driver, the crypto-billionaire immediately handed in his resignation letter after his children's college funds were already set and early retirement was his overnight option.
However, such huge gains may not happen again as the price has retreated rapidly from its peak of $0.00001021 and is now hovering 85% lower, so here it can be seen that creating new millionaires through SHIB currently has very little chance.
As of this writing, SHIB price jumped by 0.80% to $0.000010 in the last 24 hours with a market capitalization of $5 billion and recorded a 3.10% climb over the last week.