blogpost cover

Pepe's Path To Prime Assets: Learn Now How To Transform Dreams Into Reality

Binance

PEPE is skyrocketing, people! It's hard to believe that this meme token has surged 1000% since its launch, jumping into the top 100 crypto assets by market cap and hitting a new all-time high! Even more impressive is that Arkham Intelligence, an analytics firm, reports that over 50 clusters of addresses are collectively holding more than $1 million worth of PEPE. Talk about a success story! Clearly, people see a lot value in this asset, and it's worth keeping an eye on what comes next.

Lookonchain uncovered three traders who made a remarkable one million dollars in PEPE trading. The first address managed to secure 5.4 trillion of the tokens with one ETH, which was worth $2,100 at the time, and then traded 3.42 trillion of them for 929 ETH, generating a jaw-droppingly large profit of $1.77 million. Even after disposing of that, they still possess a whopping 2 trillion in PEPE valued at an excellent $2.37 million. The second trader, dimethyltryptamine.eth, was a master of the game, acquiring 5.9 trillion PEPE for a mere 0.125 ETH, around $215. After unloading 2 trillion for 560 ETH, which comes to over a million at $1.06, they still held 3.9 trillion PEPE amounting to $2.37 million. Incredible, isn't it?

A recent trade involved the purchase of 4.22 trillion PEPE for 2.3 ETH, which accounted for around 4,822. These tokens were subsequently sold for 670 ETH, worth a staggering 1.3 million dollars. That left the remainder of the PEPE with a value of 1.18 million USD. The blockchain enterprise Arkham Intelligence has determined that those holding over a million dollars' worth of PEPE are more than 50 addresses. Apparently, one of the first purchasers of the scarce memecoin was from the deployer wallet, who acquired 195 billion PEPE tokens for just two dollars. Seven days later, those tokens were shifted for an equivalent to 42,200 USD, amounting to 22.94 ETH. Had the wallet waited, the profits to be gained would have been immense.

Similar Topics

September 11, 2023
The Political Clout of Crypto: Brian Armstrong Weighs In
The Political Clout of Crypto: Brian Armstrong Weighs InBrian Armstrong, CEO of Coinbase, warns that Washington is underestimating the power of the crypto voting community. With over 56 million Americans involved in crypto, Armstrong predicts that crypto policies will be a hot topic in the 2024 U.S elections.
Read More
September 10, 2023
Vitalik Buterin's X Account Hacked!
Vitalik Buterin's X Account Hacked!A detailed look at the recent hacking of Ethereum co-founder Vitalik Buterin's X account, which led to substantial financial losses for many users. This incident serves as a cautionary tale about the importance of robust security measures in the ever-evolving crypto landscape.
Read More
September 4, 2023
China's Digital Yuan: A Retail Payment Must-Have
China's Digital Yuan: A Retail Payment Must-HaveChina's digital yuan is pushing the envelope of financial innovation. Recent announcements from the People’s Bank of China indicate that e-commerce platforms and wallet providers need to adapt and offer digital yuan as a retail payment option. Learn about what this means for global finance and business.
Read More

Join our E-Mail list and stay up to date about new releases and launches!

We promise not to spam you. We never share your details with third parties