Smart Trader Earns $2.59 Million Thanks to Meme Coin

An investor made millions of dollars in profits by intelligently interpreting market fluctuations.

According to the post of Blockchain analysis platform Spot On Chain, a trader withdrew 350.2 billion PEPE from the Binance exchange as soon as the price hit the bottom. Their total value was approximately $2.92 million.

PEPE, an Ethereum-based meme coin, was issued inspired by the famous Pepe the Frog joke on the internet.

Judging by his trading history, this trader knows well how to buy and sell during periods when the market fluctuates. So much so that he has been successful in all of his transactions so far and earned a total profit of $2.59 million.

This trader still keeps 660 billion PEPE worth $5.74 million in his wallet.

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