A whale turned an investment of $3,800 in SHIB into over $6 million, with a current balance worth $52 million. 🐋
- The meme coin sector has seen many tokens surge in price, providing significant profits for savvy traders. Shiba Inu (SHIB) is a prime example, as its value has skyrocketed over the past few years.
- Lookonchain revealed that a whale purchased over 15 trillion SHIB in the summer of 2020 for just $3,800. Recently, they sold 250 billion SHIB for over $6 million and still hold 2.15 trillion tokens, worth approximately $52 million.
- Previously, another trader also made a substantial profit from SHIB with a 628x ROI from a $2,500 investment.
Investing in meme coins can yield significant profits but also carries high risks.