An experienced memecoin investor has managed to make an impressive profit of almost $5 million in less than a month thanks to the $Pepe token.
Even though Pepe's price has seen a slight 17% drop from its all-time high, this cunning "whale" has achieved a 52% return on his initial investment.
The strategy used by this whale has been to deposit all of its Pepe holdings into a Binance wallet, as revealed in a May 30 X post by Lookonchain.
In just 10 minutes, this whale deposited all of its 660.7 billion $PEPE (equivalent to USD 9.52 million) purchased a month ago, managing to obtain an impressive profit of USD 4.95 million.
This financial success has generated a lot of interest in the retail community, who are wondering if the price of Pepe will continue to rise due to this new wave of interest.
This whale's skill and cunning in the memecoin market has shown that it is possible to make significant profits in a short period of time, as long as you have the right strategy.
Despite the volatility of the cryptocurrency market, this success story proves that with the right strategy and the ability to make smart decisions, it is possible to make significant profits.
This whale's professionalism and meticulous approach to his investments have been key to achieving this impressive 52% return in less than a month.