PEPE investors who bought at the bottom sold at a profit of 886%.
PEPE, one of the tokens with the largest value increase in the 2024 cryptocurrency rally, continues to bring huge gains to its bottom-buying investors. Last October, this "whale" investor made a large investment of $200,000 in the meme token PEPE and sold it after the price fell yesterday. The investor's profit also exceeded $1.7 million.
While 2024 continues to take its place in the cryptocurrency rally as the "year of the meme token", PEPE is one of the tokens with the largest increase. Since last year's low (ATH level), the price of PEPE has increased by more than 10 times, and the "whale" investors who acquired the token in October last year have realized millions of dollars in profits today.
Boldly invest $200,000
This "whale" investor invested $200,000 on October 26 last year. At that time, the rise of Solana-based meme token BONK attracted people's attention. PEPE is one of the meme tokens that has gradually risen after BONK ignited the meme token craze.
However, despite the price increase, the investor did not sell PEPE in months. However, the "whale" investor chose to sell at noon today, after the price fell yesterday.
The investor sold all the PEPE tokens he held and made a profit of $1.9 million. The profit rate is as high as 886%.
At the time of writing this news, the price of PEPE has fallen by more than 10% in the past 24 hours and is trading at $0.000011. The meme token broke its all-time high at $0.000017 in May.
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