A crypto investor, in the greatest individual trade of all time, turned nearly $8,000 into around $5.7 billion by purchasing trillions of shiba inu coins shortly after it debuted.
- The sequence of trades started in August 2020, when the investor purchased nearly 70 trillion shiba inu coins.
- Shiba inu started trading on August 1, 2020, and the investor took note that day and purchased his first purchase, nearly 70 billion coins.
- At the time of purchase, shiba inu coins were trading at $0.000000000189. Today, the crypto is trading at about $0.00007941 that represents a rapid 14-month gain of over 7 million per cent.
- The crypto wallet currently owns over 13% of the total supply of shiba inu coins that has a total circulating supply of 549 trillion coins.
Shiba inu’s unlikely growth has boosted the meme-inspired cryptocurrency to a total market valuation of about $45 billion, topping dogecoin and becoming the 9th most valuable crypto.
SHIB USD down -1.36%, DOGE USD down -4.87%
Source: Markets Insider.