The meme coin PEPE Frog reached a new historical high of $0.000028364 yesterday (10) before the market crash. Although it has now fallen back to $0.000023, its market cap is still close to $10 billion, ranking twentieth in the overall cryptocurrency market, with an increase of over 15 times in nearly a year.
PEPE trader invests $3,000 and earns $73 million
As PEPE's market cap hits a new high, Lookonchain detected a PEPE trader who invested $3,000 in PEPE coins in April 2023, with total profits (realized + unrealized) now reaching an incredible $73 million, truly a legend.
Turning $3,000 into $73 million, with a return rate of up to 24,656 times, is truly legendary!
Before the market crash, PEPE broke through $0.000028, setting a new historical high.
This legendary trader sold another 100B PEPE, making a profit of $2.8 million.
The trader invested about $3,000 to purchase 4.91T PEPE on April 15, 2023. Over time, he gradually took profits, cashing out 3.03T PEPE for $27.5 million. He still holds 1.88T PEPE, worth about $45.66 million, with total profits reaching an astonishing $73 million!
Musk frequently sends PEPE-related tweets
It is worth mentioning that Tesla founder Elon Musk also sent and retweeted tweets related to the PEPE Frog meme multiple times yesterday (10) on Twitter. Many community members believe this will be another sign for PEPE to continue rising in the future.
However, some have expressed that Musk's actions may also be an attempt to promote his AI company xAI's AI model Grok, as he encourages people to use Grok to quickly generate meme images. Whether he will continue to hype PEPE remains to be seen.
