Pepe Coin Investor Who Made $1.67 Million in Profit, Buys Againđč
An early PEPE investor who made a profit of $1.67 million is still purchasing the memecoin despite rug-pulling allegations against insiders. The investor bought 1.04 trillion tokens for almost $950k in the late hours of Tuesday. The purchase has raised a few eyebrows within the community, given the recent allegations against the project.
The investor previously purchased 2.43 trillion PEPE tokens, worth a mere $60, during its launch phase. The investor made a whopping profit of $1.67 million when the tokenâs price shot up after its launch.
PEPEâs price has spiked 6% in the last 24 hours. It is possible that the investor expected a rally after the Grayscale victory against the U.S. Securities and Exchange Commission was announced. Grayscaleâs victory has sparked another rally in the crypto markets, with Bitcoin rallying over 5% in the daily charts.
