PEPE

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>A crypto trader turned $3,000 into $73 million, seeing a 24,656x return, trading PEPE.</li> 
 <li>Yesterday, PEPE reached a new ATH, hittingover $11.8 billion in market cap.</li> 
</ul> 
<p>A crypto trader made impressive profits trading PEPE, as the memecoin has reached a new ATH on December 9. On-chain data reveals details on how the trader managed to see a 24,656x return on his PEPE investment.</p> 
<h2 id="crypto-trader-sees-huge-returns-trading-pepe">Crypto Trader Sees Huge Returns Trading PEPE</h2> 
<p>Lookonchain noted that the trader turned $3,000 into $73 million, marking a 24,656x return and becoming a crypto legend.</p> 
<p>They also mentioned PEPE’s new ATH on December 9 when the memecoin broke through $0.000028, and reached a new ATH and a market cap of $11.8 billion.</p> 
<p>Yesterday, the trader sold 100 billion PEPE coins worth around $2.8 million via the Coinbase exchange, according to Lookonchain notes. On-chain data shows other PEPE transactions in November as well.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GeayhRZaYAEZrNU?format=jpg&amp;name=4096x4096" alt="Lookonchain data" width="2680" height="1454" title="Crypto Trader Turned $3K Into $73M Trading PEPE 30">
 <figcaption class="wp-caption-text">
  Lookonchain data
 </figcaption>
</figure> 
<p>The same on-chain notes reveal that the crypto trader invested around $3,000 to purchase over 4.9 trillion PEPE coins on April 15, 2023, in three different transactions.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GeayhRaakAAHA0K?format=jpg&amp;name=large" alt="Lookonchain via X" width="2020" height="1598" title="Crypto Trader Turned $3K Into $73M Trading PEPE 31">
 <figcaption class="wp-caption-text">
  Lookonchain via X
 </figcaption>
</figure> 
<p>Over time, the trader sold PEPE and cashed out over 3 trillion PEPE coins for more than $27 million. At the time of the X post, <a href="https://x.com/lookonchain/status/1866375426538631665" rel="nofollow" target="_blank">Lookonchain</a> noted that the trader still held 1.88 trillion PEPE coins worth over $45.6 million, which brings his total profits to around $73 million.</p> 
<h2 id="pepe-reached-a-new-ath">PEPE Reached a New ATH</h2> 
<p>Yesterday, PEPE reached a new ATH, hitting a market cap of $11.85 billion, before recording a drop in price today and reaching the current market cap of $10.6 billion.</p> 
<figure id="attachment_54818" aria-describedby="caption-attachment-54818" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-2.jpeg"><img loading="lazy" decoding="async" class="wp-image-54818 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-2.jpeg" alt="PEPE price in USD today" width="1200" height="800" title="Crypto Trader Turned $3K Into $73M Trading PEPE 32" srcset="https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-2.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-2-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-2-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-2-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-2-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/12/PEPE_1D_graph_coinmarketcap-2-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-54818" class="wp-caption-text">
  PEPE price in USD today
 </figcaption>
</figure> 
<p>Earlier, PEPE’s market cap dropped to $9.45 billion, before a rebound to the current level.</p> 
<p>On November 13, PEPE kicked off a price rally which continued and pushed the memecoin at its recent ATH yesterday.</p> 
<p><a href="https://crypto.ro/en/cryptocurrencies/pepe/">PEPE</a> is a memecoin on Ethereum that was created as a tribute to Pepe the Frog Internet meme.</p>

Crypto Trader Turned $3K Into $73M Trading PEPE

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