PEPE Memecoin Investor Nets $52M from Just $27 Bet

A dormant PEPE whale holding 2.1 trillion tokens has made headlines after transferring their entire stash, valued at an astonishing $52 million, to a new address on December 10. 

As Lookonchain reported, this incredible fortune began with a mere investment of 0.0135 ETH (around $27) nearly 600 days ago, resulting in an extraordinary 1,900,000x return on investment!

Source: X

But that’s not all for the PEPE memecoin saga. Another crypto trader turned an initial $3,000 investment into an eye-popping $73 million by trading PEPE. This trader acquired 4.91 trillion PEPE tokens in April 2023, right at its launch, when prices were rock bottom. 

Over the months, they sold 3.03 trillion tokens, cashing out $27.5 million while holding onto 1.88 trillion PEPE, now valued at $45.6 million.

On December 9, the memecoin hit an all-time high of $0.000028 , with its market cap soaring to $11.8 billion before settling at $10.6 billion. On that same day, the trader sold 100 billion PEPE coins on Coinbase, netting $2.8 million.

From humble beginnings to millionaire-making trades, PEPE continues to capture the imagination of the crypto world. The numbers tell the story—small bets, massive fortunes, and the wild potential of the memecoin market.