Pepe Coin

The PEPE

Coin

<p>Positive news surrounding a potential Ethereum ETF approval hit the crypto market at the start of this week. This frenzy has caused many Ethereum-based meme coins like PEPE to see significant price pumps. </p> 
<p>The PEPE price has once again broken its all-time high price after doing so just last week. According to reports from <a href="https://x.com/lookonchain" target="_blank" rel="nofollow">LookOnChan</a>, one incredibly fortunate investor turned just $83 worth of Ethereum into $79.4 million by buying and holding PEPE last year. </p> 
<p>The trader’s three wallets spent a mere 0.041 ETH (around $83 at the time) to purchase 6.44 trillion PEPE tokens in late April 2023 – just over a year ago. Remarkably, those PEPE holdings are now valued at nearly $80 million at today’s prices, representing a mind-boggling 958,580x gain. The trader has not sold a single PEPE token to date.</p> 
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">The <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PEPE</a> price just hit a new all-time high!<br><br>This diamond trader turned $83 into $79.4M by buying and holding <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PEPE</a>, a gain of 958,580x!<br><br>3 wallets(belonging to the same person) spent only 0.041 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>($83) to buy 6.44T <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PEPE</a>($79.4M), and have never sold any <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$PEPE</a> to date.… <a href="https://t.co/CeLmbmVogz" target="_blank" rel="nofollow">pic.twitter.com/CeLmbmVogz</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1792933803759137035?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 21, 2024</a>
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<p>This enormous profit showcases the potential upside that can come with investing in <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank">meme</a> coins and other speculative crypto assets early on, even with a relatively small initial investment. However, it’s important to understand that such outlier stories are exceptionally rare, and most crypto investors experience far more modest returns or losses.</p> 
<p>At the time of writing, PEPE chart shows that this meme coin is trading around $0.000012 after pumping over 30% today to hit its new all-time high. However, with PEPE’s RSI around 80 on the price chart, some analysts suggest a potential correction could be incoming after such a monumental rally.</p>  
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   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
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    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
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<p>While stories like this are incredible to witness, it’s crucial for crypto enthusiasts to approach meme coins and other speculative assets with appropriate risk management. Sensational profits can occur, but losses are just as possible in these highly volatile markets. To be honest, we at CaptainAltcoin are not fans of meme coins, but this PEPE story is mind-blowing.</p> 
<p><em><strong>Read also: <a href="https://captainaltcoin.com/meme-coin-price-predictions-pepe-and-bonk-eye-new-highs-following-positive-eth-etf-news/" target="_blank">Meme Coin Price Predictions: PEPE and BONK Eye New Highs Following Positive ETH ETF News</a></strong></em></p> 
<p><em><strong>Join <a class="thirstylink" rel="nofollow" target="_blank" title="aethir" href="https://captainaltcoin.com/go/aethir/" data-shortcode="true">Aethir’s exclusive airdrop</a> and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p> 
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<p>The post <a href="https://captainaltcoin.com/pepe-meme-coin-smashes-ath-see-how-much-an-83-investment-in-pepe-coin-last-year-is-worth-now/">PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now

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