Investor Turns $2,700 of Shiba Inu into $1.2 Million
The post Investor Turns $2,700 of Shiba Inu into $1.2 Million appeared first on Coinpedia Fintech News
An investor turned a $2,700 investment in Shiba Inu (SHIB) into $1.24 million after he held it for more than three years. On January 31, 2021, the user purchased around 48 billion SHIB for two wrapped ethers (WETH) on Uniswap. As SHIB’s price rises to $0.000026, this investor has sold the tokens, and ultimately realized a 47,592% return! This remarkable profit highlights the potential held by long-term investments in volatile memecoins.
