When you think about the greatest stories to ever be told in finance, you might be thinking about investors like Warren Buffet or traders like Michael Burry of the \u201cThe Big Short\u201d fame. Lessons can be learned from their strategy and analysis of the market to understand how they capitalized on their gains. Perhaps they told of great stories from the past, but things always change. There is an even greater story to tell, but it is not from the traditional finance sector. It comes from the Meme Coin market in cryptocurrency.A token holder (who has not been identified as of this writing) has turned an $8,000 investment in Shiba Inu (SHIB)tokens to $5.7 Billion (price fluctuates regularly, so the value may have either increased or decreased). It sounds ridiculous, but it is true. This could have remained unknown to the general public, but the blockchain reveals all the information. The SHIB holder\u2019s value was verified on the blockchain by a wallet address. The investment was made back in August 2020 when 1 SHIB token was worth $0.000000000189, for a purchase of 70+ Trillion SHIB. As of the closing month of October 2021, 1 SHIB was worth $0.00006724 (Source Coinmarketcap).Who Is The SHIB Billionaire?The unknown SHIB holder is now a billionaire in 2021, from an $8,000 investment in about a year\u2019s time. Why this story is great is because of the small amount of capital used for investment and becoming a billionaire in a short amount of time. If this were a big cap in the stock market, it probably would have taken millions of dollars to make a billion-dollar gain. It was made possible in the cryptocurrency space, where market volatility driven by speculation can favor the bold.Assuming they have knowledge of how crypto markets work and just anticipated\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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