In an amazing turn of events, an investor made an amazing $46 million with PEPE after it hit a new all-time high (ATH). This huge gain is equal to a 15,718x increase in just one year.
As per information from Lookonchain, the trader bought a huge amount of 4.9 trillion PEPE tokens on April 15, 2023, for just $3,000. To buy this meme coin, $2,256 worth of Timeless (LIT), $210 worth of Ethereum (ETH), and 500 USDC were traded.
PEPE hits new ATH, Trader’s $46M profit.
The trader has now sold some of their stocks, getting rid of 1.41 trillion PEPE tokens for an amazing $7.4 million. But they still have a significant stash of 3.5 trillion PEPE tokens, which were worth about $38.9 million at the time this story was written.
This rise in income happens at the same time as PEPE’s latest milestone: it reached an all-time high value of $0.00001145 earlier today. The coin, which is known for its memes with frogs, has gone up 12.1% in value in the last 24 hours and is now selling at $0.00001142. With this increase, PEPE’s market value has reached $4.8 billion, making it the 23rd greatest coin in the world.
Also, the amount of PEPE that is traded every day has increased by a huge 76% in the last day, reaching an amazing $3.85 billion. New data shows that there have been a lot more whale transactions involving PEPE over the last 48 hours. A whale trade is one that is worth at least $100,000. However, there has been a small drop in the last 24 hours, with the number of these deals going from 706 to 698, according to Santiment.
