Malmö, Sweden, Feb. 06, 2023 (GLOBE NEWSWIRE) -- With Volt Inu still under a $100M market cap, many investors are interested in this rapidly growing project. The story of an early investor in VOLT brings to light the potential of this project. This is especially true as many compare this project to the story of Shiba Inu ($SHIB).
Turning $500 Into Hundreds Of Thousands Of Dollars
As the project seems to have started a mad dash since the beginning of February, exactly like SHIB did in 2021, we are starting to see more and more stories of investors making fortunes. One of them saw an investor purchase 0.3 ETH in VOLT ($500) in December 2021.
Over the next 13 months, he slowly sold off 23% of his bag to take responsible profits. Thanks to the recent run VOLT seems to have started, he grew his remaining holdings to $282K by early February 2023.
The token went from $0.0000007 to above $0.0000014 just in the last few days. The sudden move caught the attention of the entire crypto world and raised its market cap closer to $100 million following the announcement of an upcoming $56 million dollar burn.
The team is confident that the token will move closer to its ATH market cap ($250 million) soon. On their Twitter account, Volt’s founders claimed they are betting on the token to go even beyond this ambitious target.
The incredible story of this diligent investor demonstrates the potential of Volt Inu especially as the token has yet around a 100x potential to catch up with SHIB market cap.
How $VOLT Resembles $SHIB
In many ways, the story of Volt Inu is similar to that of Shiba Inu ($SHIB). $SHIB saw an impressive run in 2021, and, since then, many investors have followed its path. In those days, the token's spectacular growth created several success stories and rewarded many brave investors.
Therefore, seeing folks comparing $VOLT with the popular meme token is unsurprising after seeing Volt Inu being listed on 108 exchanges and being awarded meme coin of the year in 2022. Volt Inu is confident that the upcoming weeks will be just as exciting for this token and its early adopters.
In 2022, when Volt Inu went live on Gate.io, many investors began talking about $VOLT's resemblance to $SHIB. When $SHIB joined Gate.io, its price went from $0.0000002 to $0.000035 in only a few weeks. With all the achievements VOLT already accomplished such as a nasdaq interview, many deflationary mechanisms, manual burns such as the upcoming $56 million burn, the chances to see VOLT making such a run happen cannot be ignored.
There are other similarities between the two projects as well. Both have an anonymous developer, a strong community and a partnership-heavy business model. This combination of factors could mean that a similar price spike is on the horizon for Volt Inu.
The success story of an early VOLT holder shows the potential of this project. With its similarity to Shiba Inu's rise in 2021, many investors have high hopes for Volt Inu ($VOLT)’s future.
About Volt Inu
Volt Inu is a deflationary cryptocurrency and DeFi platform. The project aims to enhance the crypto experience for users while rewarding its loyal community.
Users can participate in the Volt Inu ecosystem via the native VOLT token and by leveraging its multiple features. From the Voltichange DEX to multiple crypto partnerships, Volt Inu offers its users a plethora of activities to engage with.
The stories of successful early adopters serve as inspiration to everyone else. In this context, the upcoming features can make Volt Inu a must-have asset in every portfolio.
Volt Inu's website and social media pages (as listed below) are the sources of all official updates. Its community can follow the team online to stay updated with the project's latest developments.