After 3 years of holding, ‘Diamond hands’ SHIB investor earns $1.1M in profit.

A patient Shiba Inu holder has seen an impressive return on his investment, turning $2,625 into over $1.1 million after holding onto the memecoin for more than three years. This success comes at a time when memecoins are gaining increased interest, with their cumulative trading volume rising by over 40% on May 28. Another trader recently made headlines by turning $3,000 worth of Pepe into $46 million during the GameStop saga. While Dogecoin and Shiba Inu have been lagging, other dog-themed memecoins like Dogwifhat, Floki, and Bonk have delivered significant gains. Pepe also reached a new all-time high but may experience a price correction based on fractal patterns. Some traders believe that the profits from GameStop will flow into altcoins, similar to the 2021 bull run. Historical chart patterns suggest that the altcoin rally was triggered by the GameStop rally earlier this year. It’s important to note that this article does not provide investment advice, and readers should conduct their own research before making any decisions.