PEPE investor, who bought at the bottom, sold with a profit of 886 percent
PEPE, one of the coins that gained the most value in the cryptocurrency rises in 2024, continues to provide great profits to investors who bought from the bottom. The whale, which made a large investment of 200 thousand dollars in the meme token in October last year, sold after yesterday's decline. Whale's profit exceeded 1.7 million dollars.
While 2024 continues to be known as the "meme coin year" in terms of rises in crypto, one of the most rising tokens was PEPE. A whale who bought PEPE, which has increased more than 10 times (ATH level) since last year's lows, in October 2023, realized its million-dollar profit today.
Brave purchase of $200 thousand
Whale account made purchases of 200 thousand dollars on October 26 last year. At that time, the rise in BONK, a Solana-based meme coin, attracted attention. After BONK sparked the meme coin trend, PEPE was one of the meme coins that gradually rose.
This investor did not sell PEPE for months despite all the increases. However, the whale account sold at noon today after yesterday's declines. The investor, who sold all his PEPE coins, obtained 1.9 million dollars. The profit rate was 886%.
PEPE, which has decreased by more than 10 percent in the last 24 hours, is trading at $ 0.000011 at the time the news was written. Meme coin broke its all-time record in May with $0.000017.
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