PEPE Investment Skyrockets as Trader Turns $1.7M into $8.13M in 2 Weeks
Release: 2024/03/11 14:39 Reading: 903
The post PEPE Investment Skyrockets as Trader Turns $1.7M into $8.13M in 2 Weeks appeared first on Coinpedia Fintech News
Lookonchain, a blockchain analytics platform, has unveiled an extraordinary crypto success story involving a trader who turned $1.7 million into $8.13 million within just 2 weeks through strategic moves involving $PEPE on the Binance exchange.
This exceptional feat has caught the attention of the crypto community, showcasing the potential for significant gains in the volatile cryptocurrency market.
Turns $1.7M into $8.13M
According to a recent X post, Lookonchain data has shown the trader’s precise action involving the $PEPE token on the Binance exchange. Meanwhile, the trader made use of strategic depositing 196.18 billion $PEPE ($1.7m) for profitable gains.
Following this initial move, four hours later, a large 1.19 trillion $PEPE (about $1.88 million) withdrawal by a trader came just before there was a big jump in the token’s price. Eventually, this transaction was earlier reported on Etherscan, shedding light on this significant transaction.
700% Surge in 1 Month
Another thing worth noticing is when famous crypto analyst Crypto Rover reported an outstanding gain on his $PEPE investment. In only one month, the initial figure of $12,108 surge to an incredible sum of $104,997.
Even though Crypto Rover made big profits out of it, he expressed his intent to hold the asset until it reached an ambitious valuation ranging between $2 to $3 million. This strategic approach aligns with the trader’s confidence in the continued growth potential of $PEPE.
Pepe Price Action
Currently, PEPE coins are being traded at a value of $0.00000849 with trading volume standing at $1.28 billion over the last 24 hours. Meanwhile, the circulating supply of 420.69 trillion PEPE coins and a maximum supply of the same amount.
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