Amidst the phenomenal price rally of Pepe coin, a savvy trader has achieved a remarkable return on investment (ROI) of over 1200% in a year by trading PEPE. This impressive feat has drawn significant attention within the global crypto community, highlighting the potential for meme-based cryptocurrencies to deliver substantial gains to investors.
The Remarkable Rally of Pepe Coin
Pepe coin, a frog-themed meme cryptocurrency, has experienced an exceptional price surge in recent days, repeatedly hitting new all-time highs (ATHs). This price movement has underscored the lucrative opportunities available within the meme coin sector. A closer examination of the smart trader’s portfolio reveals significant profits not only from PEPE but also from ONDO and BEAM.
Profiting from PEPE, ONDO, and BEAM
According to insights from the on-chain tracking platform Lookonchain, the smart trader expanded his investment portfolio from $23 million to $65 million within a year, earning a staggering $42 million. The trader’s strategy involved trading PEPE, ONDO, and BEAM cryptocurrencies.
The trader purchased 3.97 trillion PEPE for 2,434 ETH and subsequently sold 125 billion PEPE for 350 ETH, equivalent to $1.27 million. Currently, he holds 3.84 trillion PEPE, valued at $56.43 million, resulting in an ROI of 1203%.
In addition to PEPE, the trader invested in 7.55 million ONDO at an average price of $0.26, totaling $1.9 million. He later sold 2.56 million ONDO at an average price of $0.79, retaining 4.99 million ONDO worth $5.73 million, achieving an ROI of 288%.
The trader also bought 139.47 million BEAM for $4.44 million at an average price of $0.019. He sold the entire holding at an average price of $0.032, making a profit with an ROI of 72%.
Price Movements of PEPE, ONDO, and BEAM
As of now, PEPE’s price has shown signs of a pullback, dipping 4.26% in the past 24 hours to $0.0000139. Despite this, PEPE recently hit a new ATH, defying broader market sentiments.
BEAM's price has fallen by 3.69% over the past day, now standing at $0.02659. However, its yearly chart shows gains of 442.51%, attracting significant interest from crypto market participants.
Conversely, ONDO's price has surged by 7.29% in the past 24 hours, reaching $1.07, making it one of the top gainers in the market, according to CoinMarketCap data.
Future Prospects
Crypto market enthusiasts continue to speculate on the future potential of these cryptocurrencies. The substantial gains realized by the smart trader underscore the volatile yet rewarding nature of meme coin investments. As the market evolves, investors will be keenly watching for further opportunities and potential gains in PEPE, ONDO, and BEAM.
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“