The Shiba Inu Billionaire

In 2020, an investor put $8,000 into a new meme coin called Shiba Inu

A legendary trader managed to convert an initial $8,000 investment in Shiba Inu in 2020 into an astounding $5.7 billion fortune by 2024, beginning with a small pre-sale contribution to the meme coin, according to a new report by Elizabeth Tolstenko.

The trader's journey was highlighted by the fact that the Ethereum creator, Vitalik Buterin, was also among those who took notice of the meme coin's performance during that time period.

The trader's incredible success serves as a testament to the life-changing possibilities that can arise from early participation in crypto projects, especially during the early stages of a bull market.

The trader had quietly bought $8,000 worth of Shiba Inu in August 2020, with no one noticing at the time.

However, 14 months later, that same wallet had ballooned to $5.7 billion, becoming what is widely regarded as the greatest single crypto trade in history. It's an astronomical 7,000,000% return on investment.

The story of the Shiba Inu billionaire went viral in December 2024, highlighting the potential for life-changing wealth in crypto.

But these astronomical returns aren't limited to past tales.

In 2025, LookOnChain reported a trader flipping 50 SOL (about $8,500) into 4,771 SOL ($811,000) in just 60 minutes on Raydium.

This incredible feat was achieved through trading the SOL/BTC pair on the StellarX exchange, which is known for its fast execution speeds and low fees.

The trader began with 50 SOL, which they used to purchase Bitcoin at the optimal price point during a favorable market window.

As the Bitcoin trade yielded a multiple, the trader was able to amplify their SOL holdings to an impressive 4,771 SOL within an hour, showcasing advanced technical analysis and swift decision-making.

The trader's journey was highlighted by the fact that the Ethereum creator, Vitalik Buterin, was also among those who took notice of the meme coin's performance during that time period.

The trader's incredible success serves as a testament to the life-changing possibilities that can arise from early participation in crypto projects, especially during the early stages of a bull market.