A Pepe Coin trader made 38,675% which is nearly $1 Million in 21 days in what could be called the trade of the year. The spike beat its other meme coin rivals Dogecoin, Shiba Inu, Floki Inu, and Baby Doge Coin by a larger margin.
Pepe Coin is already up another 55% on Thursday, making the markets feel very bullish. It got rid of two “zeroes” in two weeks, which made early buyers a lot of money.
Pepe Coin Investor Nets 38,675% In Profits
The blockchain tracker Lookonchain gave out a wallet that showed a user buying Pepe six hours after it was released. The investor traded 2.1 Ethereum (ETH) worth $4,410 for nearly 4 trillion Pepe coins in the middle of April. SmartMoney shows that the trader sold most of his investments just a few days after their prices went through the roof.
The investor sold 3.27 trillion Pepe coins and made $906,000, almost as much as a million dollars. But it looks like the investor is wealthy because he still has 700 billion coins. Currently, the value of 700 billion Pepe coins is $808,000.
So, if he decides to sell, he could make $1.7 million in the long run. This happened in just 21 days, long enough for him to hand in his retirement letter at work.
The investor’s pocket also shows that he has invested a lot of money into meme currencies, and his bet finally paid off. He has put money into coins like Bull and BabyPepe, which have earned him almost $45,000.
Also, no one knows if the investor is part of the Pepe team or is just a stranger who tried their luck. The investor bought it six hours after the coin came out, making people suspicious.
