An early investor in a top-30 memecoin by market capitalization has transformed a few hundred dollars into millions in just over a year.

Blockchain tracker Lookonchain reports that the trader purchased billions of $PEPE (PEPE) memecoins shortly after their public launch. The trader subsequently sold 42 billion Pepe tokens on July 7, 2023, 100 billion on May 4, and the remaining tokens on May 22, achieving a profit of approximately 735,831%.