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From $70 to $7M: The Incredible PEPE Token Journey of a Crypto Investor

PEPE token's bullish performance is bringing heavy returns for its holders, including this crypto investor who earned $7M within 2 years.
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From $70 to $7M: The Incredible PEPE Token Journey of a Crypto Investor

Highlights

  • PEPE token's exponential growth has turned a crypto investor's $70 into $7M.
  • The investor bought $2.61T PEPE with 0.035 ETH ($70) and made 100,000x returns with those over two years.
  • Two more traders made similar gains this month, clarifying the reasons behind PEPE's demand.

The crypto trading market is the space for opportunists who can bear the risk in this challenging market and earn heavy returns. However, the same opportunities can turn disastrous, making investors lose a heavy portion of their investments. Amid this unpredictability and constant crypto market growth this year, one crypto investor turned his $70 investment into $7M within two years with the PEPE token.

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Here’s How Crypto Trader Turned $70 Into $7M

In an impressive crypto trading experience, a crypto investor turned his 0.035 Ethereum into millions of dollars after investing in a PEPE token. The Frog-themed token has been leading the popular meme coins list for years. However, the demand grew even higher in 2024, when it formed multiple ATH peaks, making heavy profits for its holders. It includes this one investor who spent 0.035 ETH ($70.4) to buy 2.61T PEPE worth $58.7M today.

An early buyer who spent only 0.035 $ETH($70.4) to buy 2.61T $PEPE($57.3M currently) deposited the remaining 189.4B $PEPE($4.15M) to #Kraken 50 minutes ago.

Even though he sold most of his $PEPE early on, he turned $70.4 into $7.06M—a return of over 100,000x.… pic.twitter.com/VfzBTY0LcO

— Lookonchain (@lookonchain) December 5, 2024

However, he sold a portion of these from time to time and managed to turn these $70.4 into $7.06M. The crypto investor’s most recent transaction was the deposition of  189.4B PEPE($4.15M) on Kraken on December 5, 2024.

Regardless, this person has made a 100,000x return over this $70, surprising the crypto trading community.

Similar Crypto Trading Experience In PEPE Token

PEPE is the 20th biggest cryptocurrency in the market thanks to its market capitalization of $10.59B. In the last 12 months alone, its price has increased 1401%, creating the ATH of $0.00002748 just 9 hours ago. However, it has moved 9% away from that currently trading at $0.00002516 with a trading volume of $6.83B. It clearly indicates the high demand for the token. Interestingly, such a profitable investor’s experience is growing its demand further. A memecoin investor turned $26 into $61.5M is another prime example of successful crypto trading in PEPE tokens.

Interestingly, in the last few days alone, Lookonchain has revealed two more crypto investors with high returns. One invested $241.5K and turned that into $7.53M after holding his token for a year. Another trader made $1.31M in profits after selling his 240B PEPE token.

A whale bought 240B $PEPE($3.64M) at a high price on May 29, and the price of $PEPE dropped afterward.

But instead of panic selling, he held on for 6 months.

Just 30 minutes ago, he sold his 240B $PEPE($4.95M), making a profit of $1.31M!https://t.co/PBnbhDLhjf pic.twitter.com/MPyfSkYMWs

— Lookonchain (@lookonchain) December 4, 2024

Interestingly, there are many similar cases in this and various other meme coins, as 2024 has witnessed heavy returns from this category.

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What’s In There For You?

Meme coins have become the biggest attraction for the crypto trading industry in 2024. However, some memecoins scams are also equally repelling the new crypto investors, including this Hawk Tuah Girl memecoin controversy, where the Hawk coin pumped and crashed within a few hours, concerning the community over the possibility of a rug pull scam. That is why, investing in any cryptocurrencies, including PEPE tokens, requires intense research and strategies to stay profitable, like this crypto investor who turned $70 into $7M over two years.

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Pooja Khardia

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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