Only 1 in 10 can crack this puzzle: Find out the highest possible number by moving only 2 matches

I found this brainteaser earlier today, and I really had to think long and hard on it. It’s not as easy as it looks at first glance – and apparently, only 10% get it right on the first try.
So you’ve got to be a real genius to find out the answer!

Challenge your friends

The number 5008 is written out with match sticks. The challenge is to find out the highest possible number by moving only 2 matches.
Can you do it? Try it now!

Caution: spoilers below!
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Are all done? I’ll give you a clue: the key is to increase how many separate numbers there are. You start out with 4 numbers, but you can end up with 6 of them! Take another look and see if you can figure it out!
Ready for the solution? Here it is!

The correct answer is 511108.

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