Shiba Inu investor who bet $8,000 in the meme cryptocurrency Shiba Inu ($SHIB) is seeing a profit hitting at over $5.7 billion.
As per Business Insider, the trader has the investments around August of 2020. This is, where he buys up 70 trillion SHIB at $0.000000000189 a coin.
More so, The investors accumulates SHIB and the coins are now worth over $5.7 billion.
Furthermore, Shiba Inu’s price is spiking over last few months, becoming third-most Googled cryptocurrency this year.
Also, recent studies show Shiba Inu recording 2.8 million searches on average per month this year.
Meanwhile, bitcoin has 22 million average monthly searches.
Then, Ethereum, with 6.3 million average searches per month.
Currently, Shiba Inuis at press time trading at US$0.00006164, which indicates a gain of around 7 million percent in a 14-month period.
Notably, Shiba Inu records over 900% increase In the last 30 days alone.
Currently, Shiba Inu now has a market capitalization of $42.6 billion and recently overtaking Polkadot’s $42.2 billion.
DonAlt, Crypto Analyst Says That Altcoins May Suffer As Bitcoin Makes…
Chainalysis Adds Bitcoin To Its Balance Sheet, As NYDIG Offers Help
Gensler, SEC Chair Discusses Issues Around The Bitcoin-linked ETF
Galaxy Interactive Rises Additional $325M Fund For Metaverse and Next Gen…
