$PEPE Pepe Pumps 8% And Millionaire Trader Thinks Will Become 'So Nutty Soon' That His $1M Investment Will Outperform All Others

Crypto trader highlights the potential of zero leverage spot trading in PEPE to outperform all his open leveraged positions.With a negative correlation to Bitcoin, 88% of Pepe holders currently remain in profit.

Pepe PEPE/USD-7.80%+ Free Alerts is up 58% month-over-month, leading a trader to believe spot positions will outperform all his leverage positions.

What Happened: Crypto trader Crashius Clay, best known for making millions with BRETT, shared a humorous observation about the potential of trading PEPE with zero leverage, hinting an upcoming market frenzy and the importance of discipline in buying during quiet periods.

Clay, who claims to hold a more than $1 million in PEPE, suggests that the market is on the verge of becoming "so nutty soon."  The trader’s tweet also highlights the potential of a 100% spot PEPE portfolio to outperform 99% of the market during this cycle.

In response to one crypto trader who is curious why Pepe has not flipped Shiba Inu SHIB/USD-3.72%+ Free Alerts, Clay said "it will very soon."

While Crypto Twitter is buzzing about Pepe's potential, one crypto trader, ZeroToTom predicts $50 billion in market capitalization as “inevitable” for the meme coin. Currently, it is valued at $3.7 billion. Another trader focused on Pepe, Plazma, tweeted, "I think after 895/920 PEPE will start getting some god candles to ATH and we might not even get too much resistance there."

Price Action: In the past 24 hours, Pepe is up 8.1% to $0.000009387, taking its monthly gains to 58%.