đąA Pepecoin Trader Turned $263 Into Millions
A meme coin inspired by a popular internet frog has turned a small investment into a huge profit for one lucky trader. Pepe, a cryptocurrency that features the image of Pepe the Frog, has seen a staggering rise in value in the past few days, reaching a peak of $0.00000431 per coin on May 6th.
The trader, dimethyltryptamine.eth emerged as one of the largest gainers, spending $260 to obtain 5.9 trillion PEPE tokens. The crypto trader has sold around 56% of their holdings, making over $4 million in profits. However, their remaining balance of 2.56 trillion PEPE is valued at more than $6 million at the time of writing.
Pepe is one of the many meme coins that have emerged in the crypto space, following the success of Dogecoin and Shiba Inu.
