When Shiba Inu launched in August 2020, it was little more than another meme-inspired token lost in the sea of […] The post From $2K to $120M? The Shiba Inu Story That Got Away appeared first on Coindoo.When Shiba Inu launched in August 2020, it was little more than another meme-inspired token lost in the sea of […] The post From $2K to $120M? The Shiba Inu Story That Got Away appeared first on Coindoo.

From $2K to $120M? The Shiba Inu Story That Got Away

2025/08/26 09:25
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

When Shiba Inu launched in August 2020, it was little more than another meme-inspired token lost in the sea of new cryptocurrencies. Its early branding as the “Dogecoin Killer,” however, gave it an edge — drawing speculative traders eager to chase the next viral coin. That label set the stage for one of the most astonishing rallies in crypto history.

From Obscurity to Viral Fame

At first, Shiba Inu gained attention only in small trading circles. But as influencers and retail traders began amplifying its story online, the token’s price moves became impossible to ignore. By the start of 2021, SHIB was no longer just an obscure meme coin — it had entered the spotlight as a rival to Dogecoin itself.

One of the earliest to track this rise was YouTube creator Zero Waiting, who documented SHIB’s breakout phase in multiple videos. He not only covered the surge but also invested himself, riding the bull wave while recommending it to friends.

The $40K Exit That Could Have Been $120M

In one of those stories, a friend of the influencer put $2,000 into SHIB after his recommendation. Within an hour, the holding had ballooned to $20,000. By the end of the day, it doubled again, turning into $40,000 — a jaw-dropping 1,900% gain in less than 24 hours.

READ MORE:

From $2.98 Peak to $0.36: Pi Coin’s Market Rollercoaster and What’s Next in 2026

Overwhelmed by the windfall, the friend sold everything, walking away with $40,000 in profit. At the time, it felt like a dream trade.

But months later, Shiba Inu shocked the world by soaring 88,000,000% in 2021. Had the investor held until October’s all-time high, that modest $2,000 bet would have transformed into an extraordinary $120 million.

A Lesson From SHIB’s Meteoric Run

Shiba Inu’s rise is now legendary, cementing itself as one of the biggest success stories in meme coin history. While the friend’s quick sell locked in early life-changing gains, it also highlights the unpredictability — and heartbreak — of crypto timing.

As Zero Waiting reflected in his videos, SHIB’s story is both a reminder of how fortunes can be made overnight and how easily they can be cut short by selling too soon.


The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post From $2K to $120M? The Shiba Inu Story That Got Away appeared first on Coindoo.

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.000501
$0.000501$0.000501
-0.57%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRPL Sidechain Proposal Targets Options Trading and Leverage

XRPL Sidechain Proposal Targets Options Trading and Leverage

The post XRPL Sidechain Proposal Targets Options Trading and Leverage appeared on BitcoinEthereumNews.com. James is dedicated to demystifying intricate technological
Share
BitcoinEthereumNews2026/03/03 00:31
ADA Price Prediction: Here’s The Best Place To Make 50x Gains

ADA Price Prediction: Here’s The Best Place To Make 50x Gains

But while Cardano holds steady, Remittix is turning into the breakout story of 2025. Having raised over $25.9 million from […] The post ADA Price Prediction: Here’s The Best Place To Make 50x Gains appeared first on Coindoo.
Share
Coindoo2025/09/18 01:53
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21