🤑 $PEPE Holders Cash In Big—But There’s a Catch
One early $PEPE holder turned a tiny $26 investment into a mind-blowing $60.3 million. But there’s a twist—he can’t access his funds.
💸 The Rise of $PEPE
When $PEPE launched in April 2023, its meme-style frog icon quickly gained popularity, with prices skyrocketing as interest surged.
💰 Million-Dollar Returns
Many early investors took profits and cashed out. But this big $PEPE holder, with gains over 200 million times his initial investment, held on. His $26 quickly multiplied, eventually reaching that massive $60.3 million. Yet he hasn’t sold—because he can’t.
🚫 The Blocked Wallet Mystery
According to blockchain data, this user bought over 2 trillion $PEPE tokens on April 14, 2023. But the developers have blocked his wallet, preventing him from selling. Rumor has it that this may have been to keep him from crashing the price with a big sale, though the real reason remains unknown.
📉 Potential Price Impact
The blocked wallet holds nearly 0.6% of the total $PEPE supply, so any major sell-off could affect the price. Meanwhile, other early holders have seen big profits, with some turning into millionaires.
🚀 New Heights for $PEPE
Recently, $PEPE hit a fresh high of $0.00002524, partly due to Robinhood now supporting it as the third-largest meme coin.
