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Cryptocurrency News Articles
How This Meme Coin Trader Made Over $1,700,000 With PEPE
Jul 26, 2024 at 12:30 am
A meme coin trader identified by Lookonchain as Diamond Hand sold 179.2 billion PEPE for $1.97 million USDC, securing a profit of $1.77 million. This also amounts to an ROI of 886%.
A meme coin trader has reportedly made over $1,700,000 trading the PEPE meme coin, according to data from Lookonchain.
The trader, who is identified by Lookonchain as Diamond Hand, sold 179.2 billion PEPE for $1.97 million USDC, securing a profit of $1.77 million. This also amounts to an ROI of 886%.
The trader’s strategy was simple. He spent more than 200,000 USDC to buy 170.2 billion PEPE in October 2023 and held the token until today.
A $PEPE Diamond Hand sold 170.2B $PEPE for 1.97M $USDC 1 hour ago, making $1.77M, with an ROI of up to 886%!
He spent only 200K $USDC to buy 170.2B $PEPE on Oct 26, 2023 and held it.
Address:https://t.co/CgRvoC8EF2 pic.twitter.com/mhMSbpHLCl
The trader’s strategy is also commonly used in trading. The trader was able to identify a strong trading opportunity and capitalize on it to secure a massive profit.
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