Summary List Placement
A New York family’s investment of about $8,000 in Shiba Inu coin,
a dogecoin spin-off, netted them a $9 million fortune in the
space of a few months,
CNN Business reported.
The token gained attention last week as a crypto billionaire
donated $1 billion of Shiba Inu coin to help with India’s
The New York family, which asked CNN Business to not use their
surname, began investing with a few hundred dollars in February.
They continued buying into the coin until they had about $8,000
invested, the report said.
By Thursday, the family’s investment was worth “nearly $9
million” CNN Business reported, saying it had reviewed the
family’s crypto records.
It was a dramatic turnaround in fortunes for the brothers, who
live in Westchester county and whose wedding business was nearly
destroyed as a result of the COVID-19 pandemic.
Shiba Inu coin calls itself the “Dogecoin Killer,” as they share
the same symbol: the Shiba Inu
was listed on India’s WazirX crypto exchange last week.
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