From $12K to $5.7B: How One Early Shiba Inu Investor Hit the Crypto Jackpot

Dogecoin’s spinoff turned a modest investment into generational wealth—and left Wall Street scrambling to explain how they missed it.

The ultimate moonshot: A single Shiba Inu whale turned $12,765 into $5.7 billion at peak valuation, proving once again that crypto’s biggest payouts go to those who ignore ‘sensible’ portfolio advice.

While traditional finance was busy over-engineering hedge funds, this anonymous investor spotted what analysts now call ‘the greatest asymmetric bet in fintech history.’ The kicker? They cashed out before the 2022 crash—timing their exit like someone who actually understood memecoins are casinos with better PR.

What Happened To The Billionaire’s Shiba Inu Holdings?

According to an interview with CoinTelegraph’s Magazine, the Shiba Inu billionaire could not offload all his holdings in one go as the project lacked liquidity. Dumping trillions of coins would lead to the ecosystem crashing.

Shibtoshi has since managed to pull out a significant portion from his SHIB holdings. According to the early SHIB investor, ““

The Shiba Inu billionaire launched his own project memecoin called SquidGrow in 2022. He stated, ““

Can You Still Make It Big With The Project?

Shiba Inu (SHIB) had an incredible year from 2020 to 2021. The coin hit an all-time high of $0.00008616 in October 2021. SHIB has struggled to gain momentum since its 2021 peak. The asset is down by 82.6% from its all-time high.

Many anticipate SHIB to hit a new peak over the coming years. However, one of the most substantial barriers for SHIB’s price is its massive supply. Vitalik Buterin’s 410 trillion token burn in 2021 was a substantial catalyst for SHIB’s incredible rally. Another burn of the same magnitude is highly unlikely.