An investor earned $3,200,000 on Shibnoni’s meme cryptocurrency in three months – after the sale, the price of the asset plummeted
By: Maksim Panasovskyi | 18.02.2022, 15:10
An unknown trader was able to earn over $3,000,000 on the Shibnobi meme cryptocurrency in three months. After he sold his coins, the value of the asset more than doubled.
What is known
An investor spent 2.5 ETH or about $7,000 three months ago to buy Shibnobi joke tokens. Three months later, his investments rose in price to 1107 ETH. On February 12, 2022, the trader "threw" stocks and earned $3,200,000, having increased investments by more than 400 times.
Who exactly the trader is is still unknown. It is possible that he was an early investor or even one of the developers of the project. In any case, after the sale of assets, the value of the cryptocurrency fell by more than 50%.
