- Pepe Coin, a new meme cryptocurrency, has surged nearly 300% in the last 24 hours and hit an all-time high of $0.000000301298 on Wednesday.
- An investor’s $251 bet on Pepe Coin is now worth $1.14 million in just four days, with the price jumping astronomically over the next three days.
Pepe Coin: From Meme to Millions
Pepe Coin, a new meme cryptocurrency, has recently caught the attention of investors. The token surged nearly 300% in the last 24 hours, hitting an all-time high of $0.000000301298 on Wednesday. Investors are accumulating the token, hoping that it could replicate Dogecoin and Shiba Inu’s success story. More than 10,000 investors have poured their money into Pepe, hoping to make life-changing gains.
An investor’s $251 bet on Pepe Coin is now worth $1.14 million in just four days, showcasing that anything is possible in the world of cryptocurrencies. On-chain metrics Lookonchain shared a transaction where an individual investor swapped 0.125 ETH worth $251 to buy Pepe Coin. The investor accumulated 5.9 trillion Pepe coins for $251, and the price jumped astronomically over the next three days.
The investor has not sold the tokens yet despite his/her wallet ballooning to $1.14 million. According to Lookonchain, the investor, known as “The SmartMoney,” is the luckiest guy in town. If he sells at the current price of $0.0000001933, he will get a profit of $1.14 million, which is more than 4,500 times his initial investment.
The SmartMoney is the luckiest guy I’ve seen recently.
He spent 0.125 $ETH ($251) to buy 5.9T $PEPE ($1.14M currently) 4 days ago.
If he sells at the current price of $0.0000001933, he will get a profit of ~$1.14M, more than 4,500x.https://t.co/cUqMO6zIVO pic.twitter.com/Ex5voyRvsa
— Lookonchain (@lookonchain) April 19, 2023