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$PEPE   Another crypto-millionaire. Last week, an unknown trader made $46 million from the Pepe (PEPE) cryptocurrency.

How did he do that? It's simple: buy at the low, wait for it to go up and sell the investment when prices rise. But if you want more details, here is the explanation:

On April 15 last year, this trader spent $3,000 to purchase 4.9 trillion units of Pepe Coins. This currency is nothing other than “memecoin”, that is to say a cryptocurrency created in honor of the Internet meme.

Last week, when the cryptocurrency hit an all-time high for the first time in a month, a trader sold 1.41 trillion PEPE for $7.4 million. This number was far less than half of what he originally purchased, but at a price 246,566% higher.

According to an analysis by Lookonchain, a platform that provides detailed information about transactions on the blockchain, this trader still has 3.5 trillion units of assets in his portfolio, worth $38.9 million. .

In short, its PEPE revenues totaled approximately $46.3 million in just one year. This represents a gain of 15,718 times your initial investment.

Today, this figure is expected to be even higher, given that the PEPE has once again reached a record level. The coin reached US$0.0000142 last Wednesday (22), according to CoinGecko data, and has already gained up to 910.67% in 2024 alone, an investment of:

50 Brazilian reals is equivalent to 505.33 Brazilian reals;

100 Brazilian reals becomes 1,010.67 Brazilian reals;

$1,000 becomes $10,106.70