How 3 Investors Made Millions in SHIB and PEPE Memecoin
In the world of cryptocurrencies, there is always a possibility of making big profits, but it requires a certain level of risk-taking and market awareness. According to Lookonchain, three investors who go by the names of 0x778c, 0x2af8, and cryptopolitan.eth have made millions of dollars by investing early in two popular memecoins, SHIB and PEPE.
1/ Missed the $PEPE?
We found 3 SmartMoneys that both bought $SHIB and $PEPE early and made millions of USD.
– 0x778c made $5.8M on $SHIB and $1.18M on $PEPE.
– 0x2af8 made $3.84M on $SHIB and $1.34M on $PEPE.
– cryptopolitan.eth made $2.45M on $SHIB and $695K on $PEPE.
👇— Lookonchain (@lookonchain) May 6, 2023
0x778c bought SHIB on February 2, 2021, when the Dogecoin killer was still relatively unknown. Over time, he invested $13.5K to purchase 1.31 trillion SHIB and eventually sold them for $5.81 million, making a profit of approximately $5.8 million.
Similarly, he invested in PEPE on April 17 and bought 396.7 billion PEPE with $9,815. Later, he sold 116.8 billion PEPE for $392K and now holds 280 billion PEPE worth $799K, resulting in a profit of approximately $1.18 million.
0x2af8 began buying SHIB on April 16, 2021, and made around $3.84 million on this token. He then invested $286K to buy 558.5 billion PEPE and sold them for $1.6 million, making a profit of approximately $1.34 million.
Cryptopolitan.eth was another investor who invested early in SHIB and made a profit of approximately $2.45 million. He then invested $103K in PEPE and bought 340 billion PEPE. He later sold 56 billion PEPE for $121K and transferred 181 billion PEPE to Binance and 7.5 billion PEPE to 0x13df. He currently holds 95.5 billion PEPE worth $298K, resulting in a profit of approximately $695K.
As AZCoin News recently reported, an investor known as dimethyltryptamine.eth invested a mere $263 to acquire trillions of PEPE tokens just three weeks ago. Since then, the value of the tokens has skyrocketed, resulting in profits of $3.8 million after selling a portion of their holdings. Remarkably, dimethyltryptamine.eth still retains holdings worth approximately $9 million, representing an almost 5,000,000% profit.
Read more:
- A $263 Investment Turned Into $9 Million: Inside The Success Story Of A PEPE Meme Coin Trader
- Binance CEO Expresses Doubts About Memecoins, But Remains Neutral Towards Their Listing
- PEPE Token Trading Volume Surpasses $2.7 Billion In 24 Hours