An anonymous crypto investor made $8 million from his PEPEs he bought for $263 three weeks ago.
Almost one memecoin explodes every year. The boom that SHIB did in the past years, this year PEPE realized. PEPE crowned its journey in the decentralized exchange with Binance listing. In the chain of events that unfolded in about 3 weeks, dozens of early investors became millionaires thanks to PEPE.
A Person Who Bought $263 PEPE Got $8 Million
With a market value of over $1 billion, PEPE started its journey in Uniswap. A group of so-called gem hunters on Uniswap became millionaires when the popular frog token hit Binance.
According to data released by Arkham, a crypto investor nicknamed dimethyltryptamine managed to turn $263 into millions. This user was still taking PEPE yesterday evening. The investor, who last bought PEPE 17 hours ago, spent 30 thousand dollars.
News just in that $PEPE is getting listed on Binance.
Remember dimethyltryptamine.eth?
He still hasn't sold, and his account is now worth almost $8M.
All from a buy of $260. pic.twitter.com/UDqIZarr00
— Arkham (@ArkhamIntel) May 5, 2023
According to Arkham, the current status of the $263 user spent is around $8 million. On the other hand, PEPE became the most talked about cryptocurrency this month as a result of its strong rise and popularity. During its rise, PEPE even managed to outperform Arbitrum in market cap.
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