๐คฏInvestor Buys 67B PEPE in Effort to Recover $2.55M Shiba Inu Loss
๐ Crypto Investor's Comeback Attempt
A crypto investor purchased 67 billion PEPE tokens for $1.02 million to offset a $2.55 million loss from selling 40.9 billion Shiba Inu (SHIB) at a lower price.
๐ผ Previous SHIB Setback
The investor previously bought 40.9 billion SHIB for $2.98 million during a bull run at an average price of $0.00007279. As the market turned bearish, they sold SHIB at $0.0000011 per token, resulting in an 85.5% loss, totaling $2.55 million.
๐ Market Movements
Currently, SHIB trades at $0.00002734, an 8% increase from the previous day.
๐ From SHIB to PEPE: A New Bet
The investor's new purchase of 67 billion PEPE tokens is closely watched by the crypto community. For PEPE to surpass SHIBโs market cap, its price needs to rise to $0.00003582, a 221.8% increase from its current $0.00001506, despite a 5% decline in the last 24 hours.