However, when you look at the numbers, Sheba is an entirely different story that nothing like it exists in the market.

Well, there are many examples of great investments.

Nothing comes close to people who invested in Sheba just around a year ago.

Even Warren Buffett wouldn't come close even though he's sitting on a pile of wealth worth over $100 billion or to be more precise 100 and $4 billion A year ago.

No one knew about this coin.

You can see that in the way it was growing.

There's a slim line that's barely moving.

However a secret investor through $8,000 into this coin.

Not a big sum but a lot for unknown coin.

No one knows whether he's one of the developers, someone who is involved in the project or a random person who accidentally came across this coin, regardless of who he is, he's $8000 grew to $5.7 billion when Sheba hit its record high price.

I don't know about you but turning $8000 into $6 billion in under a year.

His mind blowing.

It doesn't imagine how you do it.

You have to be super lucky.

Probably that's what attracted so many people to invest in Sheba who doesn't want some quick cash or lets me be a bit more precise who doesn't want a few billion dollars.

Even if you manage is to make a few million dollars that's enough.

You have won the lottery.

All that is left for you is to throw it into a stable asset and enjoy the rest of your life.

The first real spike was back in May.

It wasn't that big but it's certainly attracted some attention.

However, what happened in the past month broke the Internet, the price increased by almost 900% and in the last 12 months the price rose by 90.3%.

What?

Yes you heard that right, 90.3 million%.

Is that even possible?

Apparently yes but only in the world of crypto that's how you turn $8000 into $6 billion.

I think most of the developers have earned more money than they would spend in that in china lives.

What I don't understand about crypto is one.

Earth.

Every hyped crypto is named after a dog.

Remember Dodge coin?

It's a great coin of course.

But the market is filled with similar coins in the market and it's not fundamentally different.

But just because it is named after a dog.

Everyone jumped in including the world's richest man and hype the price to the moon.

Whoever wrote this wave is lucky.

I mean good for them, they have turned pennies into fortunes.

However it is not always the case.

Crypto is still at that stage where it's trying to form itself.

So the industry is filled with scam coins.

Let's take a recent example of the squid game coin when I came across this coin, I wasn't surprised because apparently even shiba coin that broke the internet was also created as a joke at this point.

Nothing can surprise me.

We can expect literally anything if tomorrow Sheba is going to be worth more than apple.

I would not even care because crypto is getting out of hands And we thought back in 2017 that crypto was getting out of hands.

Only if we knew what was coming.

Whoever came out with the idea to name the coin squid game is Genius because the show is trending all over the Internet.

The coin was launched in October and was trading for $0.6 until the beginning of november when the price first jumped to $13 then to $36 and finally was the biggest pike to $2861 before it plummeted 20.

Yes, it was a scamp.

The anonymous hackers behind a squid game crypto have officially pulled the rag on the project making off with an estimated $3.4 million.

Some people lost their entire life savings and this is not a unique case.

If you look at the industry Scamp coins are everywhere and that's exactly what you should expect in a new industry where most people don't understand how it works.

Like most people didn't understand how Internet works in the 2000s.

Never invest any money in any coin that you're not ready to lose any investment in crypto should be the money that if you lose won't affect your life.

But Sheba is an entirely different case because at the time of the script it has a market cap of $36.5 billion.

It is bigger than many of the companies that are trading in the stock market such as Pinterest, the Robin Hood.

In fact Sheba and dodge coin are together now worth more than 388 of the companies on the S.

And P.

500.

Can you comprehend that even the biggest Wall Street investors don't make that much money CUba was created for the sole purpose of making fun of dodge coin but now it is valuation has exceeded dodge coin.

But the question is what makes Sheba so different.

Sheba is based on the ethereum network.

Remember when we talked about ethereum it is not just a crypto currency but a platform up on which you can build other currencies or any other crypto project.

Even Mark Cuban said that ethereum has the most upside as a crypto investment but let's get back to Sheba.

How many Sheba coins are there?

If you check their website Sheba started with one quadrillion toxins.

Do you even know how many zeros are quadrillion has this many, You're gonna have to count them.

I'm just gonna tell you 15 1 quadrillion is 1000 trillion.

That's why if you check the price of Sheba, it started with $10000.1 per coin.

What if you had purchased $1 worth of Shiba coin in January of this year, you would have become a shiba millionaire because you're single dollar could have got you 12.5 million Sheba coins and $1000 worth of Sheba coins back then would have turned you into a billionaire with a net worth of 12.5 billion Sheba coins.

Yes.

You've missed your opportunity to become a billionaire and overtake even even mosque but she has grown dramatically since then 2.0 66 $10 per talkin.

So $1 worth of Sheba will no longer make you a millionaire but it's still less than 100 bucks.

So how do you become a shiba millionaire?

Use whatever platform you use to buy crypto, we've made an entire video about how to buy crypto safely.

I will leave the link in the description.

All you have to do is buy $100 worth of Sheba and you can update your instagram bio too.

Sheba millionaires.

Doesn't that sound cool but before you do that you have to understand a few things, There's a lot of Sheba price predictions.

If Sheba is going to reach $1 which seems like peanuts, even a small investment in Sheba today will easily turn into millions of dollars.

If not billions, but even if the price hits $0.1 it is still going to be a great investment.

But what people don't understand is that the price tag means nothing.

What we have to take a look instead is the market cup.

If ship across is $0.1 not even $0.1 but $0.1 it is market capitalization would be more than four times with Bitcoins today, it is going to be worth far more than ethereum.

The network up on which it's based on.

The question is how realistic is that the people who claim that cheaper could hit $1 are either just creating hype around it or don't understand anything because at that price it is market cup would be bigger than Bitcoin by 100 times.

But to be honest at this point, nothing surprises me.

What I don't like about writing a hype is that it is pure gambling, you control nothing.

If you don't get out on time, you will lose everything.

Few people make fortunes while the vast majority lose their barely saved a few $1000.

If you want to get into crypto, go ahead and do it.

We're still in the early days of crypto.

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