Early PEPE Investor Reaps Massive 5070x Profit, But What’s Next for the Memecoin?
Share:
Predictions Markets
See what traders are focused on
- PEPE whale’s $3889 investment turned into $4.24 million.
- Transfer of 451.1 billion tokens led to a 5070x profit.
- Move sparks renewed interest in PEPE among investors.
Early investors in the popular memecoin PEPE are cashing out, after a four-month lull, sparking renewed interest and speculation in the volatile crypto market.
A large-scale transfer of 451.1 billion PEPE tokens, worth nearly $4.24 million, marks a remarkable 5070x profit for the anonymous whale who made an early bet on the frog-themed token.
PEPE 早期投资者在沉睡四个月后将 4511 亿枚 $PEPE 转移至新地址 0xd0f…8aa69，价值 424 万美金，已浮盈 5070 倍！
— Ai 姨 (@ai_9684xtpa) July 12, 2024
该巨鲸在 PEPE 上线三天后花费 1.86 ETH（3889 美金）买入了 22360 万亿枚代币，均价仅 $0.000000001739；他卖出大部分代币后已将剩余部分分发至三个地址 pic.twitter.com/tnrpV4M3M8
Data analysis revealed the early investor’s journey with PEPE. Just three days after the token’s launch, the anonymous entity purchased a whopping 223.6 trillion tokens for a mere 1.86 ETH, equivalent to $3,889 at the time. This purchase was made at an avera…
The post Early PEPE Investor Reaps Massive 5070x Profit, But What’s Next for the Memecoin? appeared first on Coin Edition.
Read More
Ethereum Enters Historical Undervaluation Zone as MVRV Drops Below 0.8
