How a Memecoin Investor Turned $26 Into $61.5M?
In April 2023, a memecoin investor perfectly analyzed the PEPE’s growth potential and invested just 0.013 $ETH worth around $26. With that, he bought 2.52 Trillion tokens as the token was new to the market and was lacking investors’ attention. However, its valuation grew spectacularly over time, turning $26 into $61.5M, making it a successful crypto trading experience.
This #MEME sniper spent just 0.013 $ETH($26) to buy 2.52T $PEPE, which is now worth $61.5M!
However, the address was blacklisted by the dev, he can’t sell these $PEPE
In the last few days, the crypto whales have been on the crypto trading hunt, where many accumulated billions of tokens. Recently, a giant whale deposited 500B $PEPE, worth around $11.38M, into the popular exchange Coinbase. The Lookonchain data reveals that the whale spent 1.173 Eth ($2.04M) to buy these tokens between May 6 and September 10, 2023. At that time, the price was quite low, but over a year-long holding, it has grown exponentially. The whale is still left with 1.5T $PEPE($36M), collectively making a profit of $45M.
A giant whale deposited 500B $PEPE($11.38M) into #Coinbase to take profits!
This whale spent 1,173 $ETH($2.04M) to buy 2T PEPE from May 6 to September 10, 2023, and currently has 1.5T $PEPE($36M) left.
The total profit exceeds $45M!
