Pepe

PEPE

Meme coins, like Pepe (PEPE), have the potential to undergo substantial price surges within a short timeframe, providing advantageous opportunities for astute traders who strategically enter the market.  
Lookonchain, a cryptocurrency analytics tool, has uncovered a situation where a trader acquired 170.2 billion <a href="https://optimisus.com/press-releases/memecoin-millionaire-made-5-million-with-pepe-now-says-this-undervalued-crypto-can-beat-jupiter-and-polkadot-by-2025/" rel="noopener noreferrer nofollow">PEPE coins</a> in October of the previous year and subsequently sold them for 1.97 million USDC on July 25th.  
The return on investment (ROI) is remarkable, standing at 886%, resulting in a total profit of $1.77 million. The trader exchanged more than 100 billion PEPE tokens for $1.16 million in USDC and turned the remaining tokens into $812,000 worth of the stablecoin.  
Several users characterized the decision as prudent; however, some pointed out that the return would have been greater if the trader had sold their assets two months earlier. The price of PEPE reached a record high of approximately $0.00001699, but it is presently trading at $0.00001171, indicating a 30% decrease.  
Another individual who participated in the sector purchased more than 48 billion <a href="https://optimisus.com/news/crypto-news/shiba-inu-team-addresses-the-wazirx-hack-where-trillions-of-shib-were-stolen/" rel="noopener noreferrer nofollow">SHIB tokens</a> in January 2021 for 2 ETH. They then sold these tokens in May this year for over 280 ETH, which is equivalent to more than $1.2 million.  
One individual invested a mere $310 by the end of 2023 to acquire 2.5 million dogwifhat (WIF) coins, resulting in a potential profit of more than $6 million if they choose to sell their holdings. 
The post <a href="https://optimisus.com/news/crypto-news/a-crypto-trader-makes-over-880-return-on-investment-roi/" rel="noopener noreferrer nofollow">A crypto trader makes over 880% return on investment (ROI)</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

A crypto trader makes over 880% return on investment (ROI)

Optimisus

Alte articole publicate pe 28 iul. 2024

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