PEPE Trader's Ethereum Shift Explained:
1. Trader Buys PEPE Tokens:
A trader bought 114.7 billion PEPE tokens on May 14 and May 15.
The purchase price was $0.000011 per token.
The total investment was $1.27 million.
2. PEPE Price Surge:
By May 27, PEPE's price surged to $0.00001718.
At this peak, the trader’s tokens were worth $1.94 million.
The trader had a potential profit of $670,000 (50% gain).
3. Market Decline:
The trader did not sell at the peak, hoping for higher gains.
PEPE’s price began to drop below $0.000011.
4. Trader Sells PEPE Tokens:
The trader decided to sell all 114.7 billion tokens as the price fell.
The sale yielded 366.5 ETH, worth approximately $1.27 million.
The trader broke even, getting back the initial investment.
5. Current PEPE Price:
At the time of writing, PEPE is priced at $0.00001204.
This reflects a 0.79% drop in the last 24 hours.
6. Market Lesson:
The trader missed a chance to make a substantial profit.
Timing the market perfectly is crucial for trading success.
The trader avoided a loss but missed out on significant gains.
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