Investments in PEPE cryptocurrency brought the user more than $ 3 million in profit

Editor’s note: not financial advice!

The value of the PEPE memcryptocurrency has increased by more than 1330% over the past six months, including more than 800% in a month. The surge in the token’s value allowed the cryptocurrency whale to earn more than $ 3.3 million in just 30 days.

According to Spot On Chain, an online analytics service, the cryptocurrency trader took advantage of the staggering rise in the price of PEPE to place 500 billion tokens worth about $ 4.26 million on the Binance exchange. The investor still holds about 100 billion PEPE tokens worth more than $ 1 million, and has also made more than $ 900,000 in profits from other memtokens Floki Inu and Shiba Inu.

Various whales in the memecoin sector have been selling their tokens over the past few days after their prices skyrocketed. As reported by CryptoGlobe, cryptocurrency holders are transferring large amounts of both SHIB and PEPE to large centralized exchanges to realize their profits.

No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital assets!

In early March, one of the largest cryptocurrency whales sold all of the $ 1.97 trillion of PEPE tokens he owned. The investor managed to make a profit of $ 3.49 million.