Memecoin

PEPE

A dormant PEPE whale holding 2.1 trillion tokens has made headlines after transferring their entire stash, valued at an astonishing $52 million, to a new address on December 10.&nbsp;
As Lookonchain reported, this incredible fortune began with a mere investment of 0.0135 ETH (around $27) nearly 600 days ago, resulting in an extraordinary 1,900,000x return on investment!
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 Source: <a href="https://x.com/lookonchain/status/1867760241070514287?t=-PpzlHSFykI-PW6yl4vL8g&amp;s=09" target="_blank" rel="noopener noreferrer nofollow">X</a>
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But that’s not all for the PEPE memecoin saga. Another crypto trader turned an initial <a href="https://www.cryptotimes.io/2024/12/10/a-trader-turns-3000-into-73-million-with-pepe/" target="_blank" rel="noopener noreferrer nofollow">$3,000 investment into an eye-popping $73 million</a> by trading PEPE. This trader acquired 4.91 trillion PEPE tokens in April 2023, right at its launch, when prices were rock bottom.&nbsp;
Over the months, they sold 3.03 trillion tokens, cashing out $27.5 million while holding onto 1.88 trillion PEPE, now valued at $45.6 million.
On December 9, the memecoin hit an <a href="https://www.coingecko.com/en/coins/pepe" target="_blank" rel="noopener noreferrer nofollow">all-time high of $0.000028</a>, with its market cap soaring to $11.8 billion before settling at $10.6 billion. On that same day, the trader sold 100 billion PEPE coins on Coinbase, netting $2.8 million.
From humble beginnings to millionaire-making trades, PEPE continues to capture the imagination of the crypto world. The numbers tell the story—small bets, massive fortunes, and the wild potential of the memecoin market.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/12/12/trader-turns-2500-into-200000-with-high-stakes-xrp-futures-bet/" target="_blank" rel="noopener noreferrer nofollow">Trader Turns $2,500 Into $200,000 with High-Stakes XRP Futures Bet</a>
</blockquote>

PEPE Memecoin Investor Nets $52M from Just $27 Bet

The Crypto Times

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