After Landing AMC, Could This Whale Be Shiba Inu's Next Merchant?

Much has been made of the S&P 500's historic bounce from the pandemic bottom set in March 2020. The slightly more than 100% gain in the index represents its strongest rally from a bear-market bottom on record.

However, this triple-digit gain wouldn't even raise an eyebrow for those folks who've been holding meme coin Shiba Inu (CRYPTO: SHIB) since its debut on Aug. 1, 2020. In a little over 15 months, SHIB tokens have gained close to 10,000,000%. Essentially, a $10 investment on Day 1 would be worth about $1 million today.

Shiba Inu-themed cryptocurrencies have delivered massive gains in 2021. Image source: Getty Images.

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Source Fool.com