According to Lookonchain monitoring, a PEPE trader who invested 3,000 dollars in April 2023 now has total profits reaching 73 million dollars.
The meme coin PEPE Frog reached a new all-time high of 0.000028364 dollars just before the significant market drop yesterday (10). Although it has since fallen back to 0.000023 dollars, its market capitalization is still close to 10 billion dollars, ranking twentieth in the overall cryptocurrency market, with a rise of over 15 times in the past year.
PEPE trader invests 3,000 dollars to earn 73 million
As PEPE's market capitalization hits a new high, Lookonchain has monitored a PEPE trader who invested 3,000 dollars in April 2023, and their total profit (realized + unrealized) has now reached an astonishing 73 million dollars, truly a legend:
Turning 3,000 dollars into 73 million dollars, with a return of 24,656 times, is truly legendary!
Before the market crash, PEPE broke through 0.000028 dollars and set a new all-time high.
This legendary trader sold 100B PEPE again, making a profit of 2.8 million dollars.
The trader invested about 3,000 dollars to purchase 4.91T PEPE on April 15, 2023, and over time, he gradually took profits, cashing out 3.03T PEPE for 27.5 million dollars. He still holds 1.88T PEPE, worth about 45.66 million dollars, with total profits reaching 73 million dollars!
Musk frequently posts about PEPE
It is worth mentioning that Tesla founder Musk also repeatedly sent and retweeted tweets related to the PEPE Frog meme on Twitter yesterday (10), leading many community members to believe this will become a sign of further increases in PEPE.
However, some have suggested that Musk's actions may also be aimed at promoting the AI model Grok from his artificial intelligence company xAI, as he encourages people to use Grok to quickly generate meme images. Whether he will continue to promote PEPE in the future remains to be seen.
