#新币挖矿&盘前交易USUAL
PEPE coin holders make a lot of money, but there are problems
An early holder of PEPE coins, who only invested 26 yuan, has now become a tycoon with 60.3 million. But there is a twist - he can't take out the money.
The rise of PEPE coins
In April 2023, PEPE coins came out, and its funny frog icon quickly became popular, and the price soared with the rising interest.
Million-dollar returns
Many early investors made money and withdrew their money. But this big holder of PEPE coins made more than 200 million times his original investment, but he kept it and didn't sell it. His 26 yuan quickly multiplied several times and finally became a huge sum of 60.3 million. But he hasn't sold it yet - because he can't sell it.
The mystery of the blocked wallet
Blockchain data shows that this user bought more than 2 trillion PEPE coins on April 14, 2023. But the developer blocked his wallet and he couldn't sell it. Rumor has it that this may be to prevent him from selling off on a large scale and causing the price to fall, but the real reason is unclear.
Possible impact on price
The blocked wallet holds nearly 0.6% of the total PEPE coins, so any large-scale sell-off may affect the price. Meanwhile, other early holders have also made a lot of money, and some have become millionaires.
PEPE coin hits a new high
Recently, PEPE coin hit a new high of 0.00002524, partly because Robinhood began to support it, becoming the third largest funny coin by market value.
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