The investor earned $1.2 million in three years on Shiba Inu
Long-term investor Shiba Inu (SHIB) made over $1 million from the meme coin. This is evidenced by Etherscan data.
On January 31, 2021, a user bought about 48 billion SHIB for 2 WETH (~$2700) on the decentralized exchange Uniswap.
He held the asset for about three and a half years and sold it on the morning of May 28, when the price of SHIB rose to $0.000026.
Thus, he received $1.24 million - 47,592% more than the initial investment.
Let us remind you that on May 15, the total capitalization of meme tokens increased by 8.1%, outpacing the growth of the rest of the crypto market. The five largest coins - DOGE, SHIB, PEPE, WIF and FLOKI - accounted for approximately 77% of the total $56.4 billion.
#MemeWatch2024 #DOGE #Shibalnu #pepe⚡ #FLOKI✅
