Matt Furie

PEPE

Gains

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>A crypto trader saw 31x gains by holding PEPE for over a year.</li> 
 <li>The trader deposited over 356 billion PEPE coins to Kraken today.</li> 
</ul> 
<p>On-chain data revealed that a crypto trader saw impressive gains holding PEPE for over a year.</p> 
<h2 id="crypto-trader-sees-31x-gains-on-pepe">Crypto Trader Sees 31x Gains on PEPE</h2> 
<p>The crypto trader turned $241,500 into $7.53 million, by holding the coins, according to the latest reports from Lookonchain.</p> 
<p>The crypto trader withdrew almost 375.65 billion PEPE coins worth around $241,520 from the Gemini crypto exchange one year ago, on September 20, 2023, as Lookonchain <a href="https://x.com/lookonchain/status/1863850197895504056" rel="nofollow" target="_blank">notes</a>.</p> 
<p>He sold 19.55 billion<a href="https://crypto.ro/en/cryptocurrencies/pepe/"> PEPE</a> for around $244,000 between February 17 and September 26, 2024, according to the same notes. The most significant sale was worth $2.67 million and was made around three months ago.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/Gd25wT6bkAAWbbW?format=jpg&amp;name=large" alt="Lookonchain data" width="1648" height="638" title="Crypto Trader Turns $241.5K Into $753M Holding PEPE 31">
 <figcaption class="wp-caption-text">
  Lookonchain data
 </figcaption>
</figure> 
<p>Today, the crypto trader deposited almost 356,2 billion PEPE to Kraken, worth over $7,92 million at the deposit time. The trader made two deposits to Kraken today.</p> 
<p>The first deposit was of 100 million PEPE coins worth $2,050 and the second was over 156 billion PEPE coins worth $7.29 million.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/Gd25wTybQAA3foG?format=jpg&amp;name=large" alt="Lookonchain via X" width="1658" height="526" title="Crypto Trader Turns $241.5K Into $753M Holding PEPE 32">
 <figcaption class="wp-caption-text">
  Lookonchain via X
 </figcaption>
</figure> 
<h2 id="pepe-s-recent-price-trajectory">PEPE’s Recent Price Trajectory</h2> 
<p>At the moment of writing this article, PEPE has a market cap of $8.63 billion, up by over 1% in the last 24 hours. Earlier, PEPE’s market cap surged above $8.84 billion.</p> 
<figure id="attachment_54377" aria-describedby="caption-attachment-54377" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-1.jpeg"><img loading="lazy" decoding="async" class="wp-image-54377 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-1.jpeg" alt="PEPE price in USD today" width="1200" height="800" title="Crypto Trader Turns $241.5K Into $753M Holding PEPE 33" srcset="https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-1.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-1-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-1-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-1-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-1-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-1-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-54377" class="wp-caption-text">
  PEPE price in USD today
 </figcaption>
</figure> 
<p>In the past seven days, PEPE recorded a market cap surge of over 10%, from $7.37 billion on November 26, reaching $9.69 billion on December 1.</p> 
<p>PEPE recorded a significant ascendant trajectory in the past year, surging by over 1,500%. PEPE’s ATH was reached on November 16, when the digital asset hit a $9.84 billion market cap.</p> 
<p>Since its launch in 2023, PEPE saw an impressive price surge of almost 36,000%.</p> 
<p>PEPE is a deflationary memecoin that was launched on Ethereum. The digital asset was created as a tribute to the Pepe the Frog Internet meme created by Matt Furie which gained huge popularity in the early 2000s.</p> 
<p>In late April to May 2023, the massive price surge of PEPE led to a $1.6 billion market cap for the memecoin.</p>

Crypto Trader Turns $241.5K Into $753M Holding PEPE

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