✅ ✅ Memecoin season continues, sending Pepe $PEPE to new all-time high
Despite the unfortunate incident, memecoin traders remain unfazed as they continue buying animal-themed cryptocurrencies.
Frog-themed memecoin Pepe $PEPE reached a new all-time high of $0.00001725 on May 27, after rising over 75% during the past week, CoinMarketCap data shows.
Since memecoins lack intrinsic utility, they are among the most volatile digital assets. Despite the inherent risks, some traders are making millions by successfully navigating this high-risk market segment.
Two weeks ago, a savvy Pepe $PEPE trader turned $3,000 into $46 million by trading the memecoin. The return of the GameStop saga bolstered the Pepe price, and the trader made an over 15,718 times return on initial investment.
💖💖 Wishing you high profits in trading and making wise decisions.