Westchester brothers millionaires overnight with parody cryptocurrency
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msn.comCNN, they began dabbling in cryptocurrency in December 2020 after a friend told recommended they invest. The brothers put several hundred dollars in a cryptocurrency called Shiba Inu coin - a parodic spinoff of another cryptocurrency called Dogecoin, named after a breed of Japanese hunting dog.
Dogecoin was itself created as a joke by two friends, and features the face of the Shiba Inu dog. At the time Tommy and James were recommended to invest, one coin was worth a fraction of a cent. 'I kind of thought about Bitcoin - that was once a fraction of a penny and now it's tens of thousands of dollars, and this happens to people, it's possible,' said Tommy. 'I trusted my friend and I figured if it went to zero, that's OK.
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