Frog Legend? Trader Turns $27 Investment in Pepe Token into $52 Million

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A cryptocurrency trader turned a $27 investment in the Pepe memecoin into a massive profit of $52 million.

Pepe Whale's Big Move:

After 600 days of silence, the trader transferred all 2.1T Pepe (worth $52 million) to a new address, achieving an extraordinary 1,900,000 times return. Pepe has surged over 1,600% this year, becoming the second-best performing cryptocurrency of 2024.

Memecoin Creates Millionaires:

Although memecoins have no intrinsic utility, they have created many new millionaires among cryptocurrency investors. Another trader turned $3,000 into $46 million by trading Pepe tokens.

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