Huge Investment: Buying PEPE Coin

In a Huge Amount of 105 Billion Tokens

For $2 Million

An Anonymous Investor Draws Attention in the Crypto Community

An anonymous investor has executed a massive transaction, purchasing over 105 billion PEPE tokens for $2 million. This transaction has received significant attention and has sparked discussions about the future of this coin.

According to data from Lookonchain, the transaction occurred on November 20 at 18:36 (UTC). Prior to the purchase, the investor transferred two deposits totaling $2 million to his address and then received 105.33 billion PEPE tokens, marking his first investment in this asset.

PEPE as the Largest Asset in the Wallet

After this transaction, the balance is now 105.33 billion PEPE, making it the largest holding in the wallet in terms of dollar value.

Growing Confidence Despite Price Drop

This transaction shows investor confidence in PEPE’s potential, despite recent price losses. Last week, PEPE reached an all-time high of $0.00002524, fueled by its listing on Coinbase and Robinhood. Within hours, its market cap jumped from $8 billion to $10.46 billion. This jump sparked debate over whether PEPE could overtake Shiba Inu (SHIB) to become the second-largest meme coin by market cap. However, instead of continuing to rise, PEPE began to decline, falling below $0.00002 dollars.