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CATEGORY: pepe the frog


Apr 26, 2024 12:05

1,503x Profit: How A Memecoin Trader Made $13 Million With PEPE

A strategic trader has made the most of his money after making over 1,000x profit with PEPE.  Despite the recent frog-themed token slump, the memecoin investor gained millions. Similarly, whales have continued accumulating PEPE while it resumes its upward trajectory. Related Reading: Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished Memecoin Trader Makes Millions According to Lookonchain data, a memecoin trader named James Wynn multiplied its PEPE investment by 1,503. Wynn bought the token in its earlier stages, acquiring 2.83 trillion PEPE for $8,524. When the token started gaining momentum, he sold over half his holdings, 1.81 trillion tokens, for $4.57 million. jwynn.eth(@JamesWynnReal) – A smart trader who made $12.8M(1,503x) on $PEPE. He also traded $BOBO and $ANDY recently, making another $818K! 1/ Lets dig into his trades. pic.twitter.com/2vOkjObVPr — Lookonchain (@lookonchain) April 24, 2024 After the frog-themed memecoin became a market sensation, the traders unrealized profits on his remaining bag exponentially increased. Currently, Wynn holds 1.02 trillion PEPE in three wallets worth $8.25 million. The traders total profits from PEPE total $12.8 million. However, if he had held onto his tokens, the gains would have exceeded $20 million. Per the blockchain research platform, Wynns feat doesnt end with PEPE. He has also made over $800,000 trading other memecoins over the week. He recently bought five tokens, two of which remain profitable: BOBO and ANDY. At the time of the report, the trader bought over 273.62 billion BOBO for $138.263, making a profit of $430,000. Similarly, he acquired 4.711 billion ANDY for $115.493, gaining over $338,000. Nonetheless, not all of Wynns trades resulted in success. According to the X post, the trader has a 45% success rate, gaining over $13.7 million with nine memecoins and losing around $350,000 on eleven tokens, including some rug pulls. Breakdown of the 20 tokens traded by Wynn. Source: Lookonchain Whales Go On PEPE Buying Spree As reported by NewsBTC, recent data showed that PEPEs price decline over the last month has reduced the number of addresses carrying gains. However, this has not stopped whales from accumulating the token. This week, a whale accumulated 211.6 billion PEPE from Binance, Gateio, and Uniswap. The address bought the tokens at an average of $0.000007291, spending $1.54 million. The buying spree turned profitable as, some hours later, the tokens price increased by 17%. According to Spot On Chain, the holdings worth surged to $1.72 million, making $173,000 in unrealized profits. Other reports suggest that whales have continued accumulating and taking profits from their PEPE holdings. However, the tokens market activity decreased by 22.1% in the last 24 hours, with a $1.2 billion daily trading volume. PEPEs market capitalization has also dropped 1.58%. Despite this, the token has regained its spot as the third largest memecoin by this metric, as dogwifhat (WIF) lost 13.88% of its market cap on the last day. Its worth noting that WIF flipped PEPE on March 28 after becoming the newest sensation in the crypto market. As of this writing, PEPE is changing hands for $0.000007821, representing an 11.4% drop in the monthly timeframe. Nonetheless, the token continues recovering, registering a 52.2% surge in the last seven days. Related Reading: FLOKI And BONK Drop 5% After Revolut Listing Announcement PEPE's recovery in the seven-day chart. Source: PEPEUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com

PEPE price crashes 65% in two weeks as top whales take profits — More pain ahead?

Author: Cointelegraph By Yashu Gola
United States
May 23, 2023 04:40

PEPE price crashes 65% in two weeks as top whales take profits — More pain ahead?

Top Pepe mania profiteers have dumped their PEPE tokens en masse, suggesting declining holding interest among whales.

Apr 19, 2023 07:50

SHIB & DOGE Face Unexpected Competition as PEPE Grows 399.9%

The memecoin frenzy continues with the frogs taking over, but for how long?

Continue reading at DailyCoin.

Apr 18, 2023 07:50

Beware of Pepe the Frog Memecoins: Copyright Issues Could Put Your Investment at Risk

Investing in Pepe memecoins holds serious financial risks, as copyright issues threaten the future of these tokens.

Continue reading at DailyCoin.

May 16, 2023 03:10

PEPE: Innocent Memecoin or Political Tool?

Is it possible that PEPE is not just another innocent memecoin that accidentally stormed into crypto space?

Continue reading at DailyCoin.

What is Pepecoin and can it flip memecoins Dogecoin and Shiba Inu?

Author: Cointelegraph By Yashu Gola
United States
May 12, 2023 04:40

What is Pepecoin and can it flip memecoins Dogecoin and Shiba Inu?

Pepecoin is a new meme-inspired cryptocurrency that's growing faster than Shiba Inu in its early days thanks to some big-name exchange listings.

May 11, 2023 07:55

‘Alt-Right Hate Symbol’: Coinbase Blasts PEPE to 15% Plunge

The crypto community on Twitter largely disagreed with Coinbase’s description of PEPE.

Continue reading at DailyCoin.

May 09, 2023 10:30

PEPE Price Prediction: Can Pepe Coin Flip Dogecoin?

Pepe is the hottest new meme coin in crypto, based on one of the most popular memes in history and one that has an enormous presence in the cryptocurrency community.  Pepe coin has already minted millionaires out of those who only rolled the dice with a few hundred dollars. In recent days, it has done [...]

The post PEPE Price Prediction: Can Pepe Coin Flip Dogecoin? appeared first on Crypto Breaking News.

May 06, 2023 03:10

PEPE Jumps 132.31% as Binance, KuCoin List Controversial Token

The Pepe token surges 132% the same day Binance and KuCoin list the token, despite warnings of potential risks.

Continue reading at DailyCoin.

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