$PEPE PEPE-kit earns almost $ 5 million in a month

A whale, or large holder of memecoin, earned nearly $5 million in profits on the Pepe token during the month. Could the price of Pepe continue to rise due to another wave of retail interest?

PEPE whale earns almost $ 5 million in one month

An experienced memecoin whale earned $4.95 million in a month, representing a 52% return on their initial investment, despite Pepe's price falling more than 17% from its all-time high.

Keith has moved all of his PEPE assets to the Binance wallet, according to a report from Lookonchain published on May 30 X, which stated:

“In the last 10 minutes, a whale has transferred all 660.7 billion that PEPE ($9.52 million) bought a month ago to Binance, earning ~$4.95 million at an ROI of 52%.”

After moving Pepe to Binance for more than $9.5 million, the whale wallet “0x546” is now worth just $161,449 in cryptocurrency, with more than 96% of assets consisting of composite tokens (COMPs), according to Coinstats.

After a period of explosive growth for memecoin, investor interest has waned slightly. The total trading volume of memecoins fell more than 21% in the last 24 hours to $10.2 billion, down from more than $13 billion on May 28, according to CoinMarketCap data.

The price of Pepe fell more than 4.4% in the 24 hours leading up to 13: 45 GMT to $ 0.00001437, according to TradingView. The token was down more than 17% from its all-time high.#pepe⚡ #altcoins