Ethereum

SHIB2.0

Pepe

Wojak

An investor has managed to yield high returns from the meme-inspired cryptocurrencies PEPE and&nbsp;its evolved version, PEPE2.0. 
<blockquote class="twitter-tweet"> 
 A lucky guy caught both <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$PEPE</a> and PEPE2.0 very early and earned up to 990x! 
 He spent 0.1 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$ETH</a> to buy 199B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$PEPE</a> 9 hours after going live and sold all <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$PEPE</a> for 99 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$ETH</a>. 
 And spent 0.1 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$ETH</a> to buy 3.88T PEPE2.0 1 hour after going live and sold 1.78T PEPE2.0 for 37 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$ETH</a>. <a href="https://t.co/TEz8A2NYkc" rel="nofollow" target="_blank">pic.twitter.com/TEz8A2NYkc</a> 
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1674379413318930434?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">June 29, 2023</a>
</blockquote> 
As reported by <a href="https://twitter.com/lookonchain/status/1674379413318930434" rel="nofollow noopener" target="_blank">Lookonchain</a>, a blockchain analytics platform, the investor, who dived into both ventures shortly after their respective launches, turned a modest investment into a small fortune, amplifying their initial stake by an astonishing 990 times. 
<a href="https://crypto.ro/en/cryptocurrencies/pepe/">Pepe token ($PEPE)</a>, an Ethereum-based deflationary <a href="https://crypto.ro/en/education/best-crypto-to-buy-now/#what-are-meme-crypto-coins">memecoin</a>, was launched as a tribute to the well-known internet meme, Pepe the Frog. Unique in its no-tax policy, a redistributive system for rewarding long-term stakers, and a burning mechanism to maintain scarcity, PEPE managed to attract a robust community of followers. 
The anonymous investor, displaying impressive foresight, bought 199 billion <a href="https://crypto.ro/en/news/1-23-million-profit-from-trading-pepe-tokens-exposed/">PEPE tokens</a> with just 0.1 <a href="https://crypto.ro/en/cryptocurrencies/ethereum">Ethereum (ETH)</a> merely 9 hours after the currency went live. This investment was later sold for a considerable 99 ETH,&nbsp;highlighting the immense potential and volatility of these digital assets. 
But the investor didn’t stop there. In a similar fashion, he made a similar move with PEPE2.0, a revised version of its predecessor, that is learning from past experiences and aiming for a billion-dollar run. 
The same investor, capitalizing on the momentum, spent another 0.1 ETH to buy 3.88 trillion PEPE2.0 tokens only an hour after its launch. A portion of this stake, 1.78 trillion PEPE2.0, was later sold for 37 ETH. 
<h2 id="the-rise-of-2-0-memecoins">The rise of 2.0 memecoins</h2> 
The emerging micro trend in cryptocurrency, which is on the brink of becoming a mega trend, is the 2.0 meta, currently predominating in the meme coin sector, but with high potential for rapid expansion. 
Recently, there’s been a surge of 2.0 memecoins. The idea is that these projects adopt the names of popular memecoins like Floki, PEPE, and Wojak. By leveraging these projects’ branding, they capture the attention of traders and eventually capitalize on it. 
A simple example is Wojak 2.0, which experienced an astonishing 700% increase in just one day. 
Even the most moderately successful 2.0-themed coins have the potential to offer swift 1,000x gains. 
WOJAK2.0 is the superstar performer of today so far – it has seen a tremendous rise of 3,221% since its launch yesterday (June 29th). 
$PEPE2.0 could possibly be the first notable success of the 2.0 meta trend. As of now, $PEPE2.0 is at the top of the DexTools hot pairs ticker tape, with the original PEPE closely behind at No.2. 
Interestingly, yesterday, PEPE2.0 was accompanied by SHIB2.0 as the 2.0 theme gained momentum, shooting up by 1,600% within 24 hours. 
PEPE 2.0 has already experienced over 10,000% gain on the daily chart but is in a relative lull today, rising just 6%. 
Yet, interest remains extremely high. The trading volume for the PEPE2.0/WETH pair is at $33 million and the liquidity pool is robus 
In the world of cryptocurrency, timing, knowledge, and a dash of luck often define the thin line between a successful investor and a cautionary tale.

Investor capitalizes on the 2.0 memecoin trend, turns 0.1 ETH into 136 ETH

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