Other cryptocurrencies such as ethereum also reach records as investors hedge against inflation
A cryptocurrency investor turned an $8,000 investment into $5.7 billion in the middle of massive Shiba Inu developments, and the hefty coin haul has become a hot topic of crypto-focused debate.
According to a post published on Thursday by Business Insider’s Markets Insider, the investor ended up buying more than 70 trillion Shiba Inu coins after starting in August 2020. Shiba Inu began trading in the same month.
The coins were initially trading at around.000000000189, but were now trading around.00007941 as of Thursday morning. Meanwhile, it’s been revealed that this single cryptocurrency wallet currently controls more than 13% of all Shiba Inu coins.