Trader Turns $3,000 Investment Into $73,000,000 With Frog-Themed Memecoin PEPE: Lookonchain

Blockchain monitoring firm Lookonchain says a savvy crypto dealer made a 2,433,233% revenue on a rival to Dogecoin (DOGE) and Shiba Inu (SHIB).

In keeping with Lookonchain, an nameless dealer turned $3,000 to a whopping $73,000,000 in simply 20 months by shopping for memecoin Pepe (PEPE).

“Flip $3,000 into $73 million, a 24,656x return, what a legend! Earlier than the market plummeted, PEPE broke by $0.000028, setting a brand new all-time excessive! This legendary dealer bought one other 100 billion PEPE ($2.8 million) at a revenue.

This dealer invested ~$3,000 to purchase 4.91 trillion PEPE on April 15, 2023. Over time, he steadily bought PEPE, cashing out 3.03 trillion PEPE for $27.5 million. He nonetheless owns 1.88 trillion PEPE ($45.66 million), bringing his complete winnings to an unimaginable $73 million!”

PEPE is buying and selling at $0.00002317 on the time of writing, down 15.8% within the final 24 hours.

Lookonchain additionally not too long ago seen one other crypto dealer making a large 38,399x return on a brand new memecoin, Only a Chill Man (CHILLGUY). The Solana (SOL)-based digital asset, impressed by a preferred cartoon, has been one of the viral memecoins not too long ago.

“$160 was $6.14 million, a 38,399x return! This dealer spent simply 0.75 SOL ($160) to purchase 12.5 million CHILLGUY on http://Pump.enjoyable, then bought 2.8 million CHILLGUY for 149 SOL ($35,400). The dealer nonetheless has 9.62 million CHILLGUY ($6.1 million), for a complete revenue of $6.14 million!”

CHILLGUY is buying and selling at $0.30 on the time of writing, down 21.1% within the final 24 hours.

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Generated picture: Midjourney