Ethereum

Pepe

April

NEXT GEN PEPE

Following the Pepe (<a href="https://crypto.news/price/pepe/" rel="">PEPE</a>) price rally to new all-time highs, a trader made a 15,718x profit in one year. 
According to data provided by Lookonchain, the trader purchased a total of 4.9 trillion PEPE for less than $3,000 on April 15, 2023 — selling $2,256 worth of Timeless (LIT), $210 worth of Ethereum (<a href="https://crypto.news/price/ethereum/" rel="">ETH</a>) and 500 USDC to buy the <a href="https://crypto.news/meme-coins-become-top-gainers-again-in-flat-crypto-market/" rel="">memecoin</a>. 
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 Earned more than $46M on <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a> with only $3K, a gain of 15,718x!😱 This super big winner sold 255B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a>($2.3M) for profits again after the price of <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a> increased. He spent only $3K to buy 4.9T <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a>($56M currently) on Apr 15, 2023, and sold 1.41T <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">$PEPE</a> for $7.4M, with 3.5T… <a href="https://t.co/VKGxmK9gCt" target="_blank" rel="">pic.twitter.com/VKGxmK9gCt</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1790632009867591866?ref_src=twsrc%5Etfw" target="_blank" rel="">May 15, 2024</a>
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After the massive returns, the wallet holder has sold a total of 1.41 trillion PEPE so far, worth $7.4 million. 
On-chain data shows that the trader still has a total of 3.5 trillion PEPE tokens, worth roughly $38.9 million at the reporting time. The massive profits come as PEPE reached a new all-time high of $0.00001145 earlier today. 
 You might also like: <a href="https://crypto.news/ethereum-etf-approval-unlikely-sec/" rel=""> Bloomberg analyst: Ethereum ETF approval unlikely </a> 
The frog-themed meme coin is up by 12.1% in the past 24 hours and is trading at $0.00001142 at the time of writing. Following the price rally, PEPE currently has a total market cap of $4.8 billion, making it the 23rd-largest crypto asset in the market. 
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 PEPE price and whale activity – May 15 | Source: Santiment
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Moreover, the Pepe daily trading volume also registered a 76% rally over the past 24 hours, reaching $3.85 billion. 
According to a crypto.news report on May 14, whale transactions consisting at least $100,000 worth of PEPE <a href="https://crypto.news/pepe-whale-activity-explodes-amid-price-rally-to-new-ath/" rel="">skyrocketed</a> over the past 48 hours. However, data from Santiment shows a decline from 706 to 698 such transactions over the past 24 hours.&nbsp; 
 Read more: <a href="https://crypto.news/meme-coins-floki-doge-crypto-markets/" rel=""> Meme coins stay on top as FLOKI, BOME, DOGE lead markets </a>

Trader made $46 million with PEPE after hitting new ATH

crypto.news

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