altcoins

170.2 Billion PEPE Dumped by Diamond Hand Whale With Massive Profit

Crypto whale tracker and analytics account on X @lookonchain spread the word about a creepy cryptocurrency whale, a “diamond hand” one, that dumped a sensational PEPE chunk innumerable hours ago.

That whale possessed hosted those PEPE coins for almost a year and owns presently gleaned a sensational antiphon on his expense correct into this meme coin.

Commercializing billions of PEPE through astronomical ROI

The abovementioned PEPE diamond hand moved 170.2 billion of these hyped meme coins to a cryptocurrency bazaar whereby he marketed them, gaining $1.77 million. The ROI on this expense was a whopping 886%, according to the tweet.

@Lookonchain shared that at the run out of October last year, this investor ordered the 107.2 billion PEPE, investing 200,000 USDC on that purchase. He hosted it until today.

A $PEPE Diamond Hand marketed 170.2B $PEPE for 1.97M $USDC 1 hour ago, rendering $1.77M, through an ROI of up to 886%!

He invested lone 200K $USDC to buy 170.2B $PEPE on Oct 26, 2023 and hosted it.

Address:https://t.co/CgRvoC8EF2 visualize.twitter.com/mhMSbpHLCl

— Lookonchain (@lookonchain) July 25, 2024

PEPE coin plummets 11%

Over the last 24 hours, the hyped meme cryptocurrency PEPE owns watched a striking deprive, throwing away almost 12% after a 10.76% boom on Wednesday. By presently, PEPE owns lost the $0.00001293 price mark and collapsed to hit $0.00001141.

PEPE materialized out of the blue in April last year, designed by a subordinate of confidential masterminds. Unlike other salient meme coins, this one was encouraged not by Shiba Inu pooches but by Pepe the Frog, a meme salient on the net.

PEPE’s utility sticks around at no

Innumerable remarked that PEPE possessed no utility and still owns none. Yet, the meme coin shows up to have a high luster among quickly-term sponsors and traders as they reiterate to proactively buy it and then sell PEPE after realizing it for a while.

No modernizes have been gleaned to PEPE, assorted other salient meme cryptocurrencies, such as Dogecoin, Shiba Inu, Floki or BabyDoge, since its confidential subordinate safe and secure versus operating on PEPE after launching it on the area last year. Subsequently, it sticks around a speculative expense tool for innumerable cryptocurrency traders.

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