1 Year Later: Trader Nets $46 Million with PEPE Amid Meme Coin Craze
Whale transactions worth at least $100,000 in PEPE surged 416% on May 14 as investors cashed out at its ATH.
![1 Year Later: Trader Nets $46 Million with PEPE Amid Meme Coin Craze](https://cryptopotato.com/wp-content/uploads/2024/05/Pepe_Profit.jpg?#)
An anonymous trader has made headlines by making a profit of $46 Million with PEPE within one year, equivalent to a 15,718x gain.
This comes as the Solana-based meme coin recently achieved a milestone that saw it hit a new all-time high on May 15.
The Trader’s Strategy
According to Lookonchain data, the trader acquired 4.9 trillion PEPE tokens, currently valued at $56 million, on April 15, 2023, spending less than $3,000.
Earned more than $46M on $PEPE with only $3K, a gain of 15,718x!
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