Memorial cryptocurrency Saitama Inu brought the investor 110,000% profit in six months - $ 8,000 turned into $ 9,000,000

By: Maksim Panasovskyi | 18.11.2021, 19:43
Memorial cryptocurrency Saitama Inu brought the investor 110,000% profit in six months - $ 8,000 turned into $ 9,000,000

An unknown user bought the Saitama Inu cryptocurrency in the summer for $ 8,000, and now its value is almost $ 9 million.

What is known

The token was created in the middle of this summer. The user in question in this material is one of the first investors. He has gained almost 201 trillion Saitama Inu tokens by spending 3 ETH. Ethereum's value at the time of the transaction was around $ 2,700 per coin.

For six months, the asset has risen in price by 110,000%. Selling all Saitama Inu tokens, the investor made a profit of about $ 9 million. The transaction was followed by a drop in the cryptocurrency rate from $ 0.00000008 to $ 0.000000025, but after the adjustment, the altcoin price rose to $ 0.00000006.

Source: Etherscan (1, 2)