A meme coin trader, who previously incurred a $2.5 million loss on Shiba Inu by buying at its peak and selling at a loss, has now bought PEPE at its peak. This highlights the importance of timing in cryptocurrency investments, regardless of the project's quality. This trader consistently makes poor investment choices, such as buying high and selling low. According to Lookonchain, the trader's account withdrew 67 billion PEPE (worth $1 million) from the OKX exchange today. The same account had bought Shiba Inu during its rally and sold it at low prices during downturns in 2022, resulting in heavy losses. PEPE has surged over 15 times in recent months, suggesting the trader might have repeated their previous mistake.

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