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IT's Big & Big #alert About $PEPE Millionaire Who Made $5.3 Million in 6 Months How?
Pepe Coin Investor Makes $5.3 Million in Just 6 Months
A mysterious cryptocurrency investor realized nearly $5.3 million in profits by taking an entry position in Pepe Coin. The trader had invested in Pepe Coin using the dollar-cost average method (DCA) which came around $500,000 until December 2023.
Cut forward six months down the line, the same wallet has now ballooned from $500,000 to a whopping $5.3 million. Data from Lookonchain shows that the investor has not yet sold Pepe Coin and continues holding the cryptocurrency.
However, the investor has transferred the tokens to Binance this week which indicates a sell-off could be triggered.
A whale deposited 365.96B $PEPE($5.3M) into #Binance for profit just now!
He withdrew 365.96B $PEPE($494K at the time) from #MEXC on Dec 13 and Dec 16, 2023.
He turned $494K into $5.3M in less than 6 months, with a profit of $4.82M and an ROI of 976%.
The cryptocurrency market, especially the meme coin segment defies all financial logic and thoughts. The ones who enter at the right place and at the right time reap the profits while the others hold the bags.
Meme currencies like Dogecoin, Shiba Inu, Pepe Coin, Floki, and BONK, among others, defy charts and logic.
While only a handful of them make millions and billions, the others sit with bagful of losses. Luck also plays a deciding factor in generating wealth with meme coins as not everyone can make it big.
The ‘greater fool theory’ can be applied here as meme cryptocurrencies survive and thrive with hype, frenzy, and fandom. The reflection is seen in all meme coins like Dogecoin, Shiba Inu, Pepe Coin, Floki, and BONK, among others.
