The cryptocurrency that brought more than $ 3 million in profit to the investor is named

According to Lookonchain, one of the largest cryptocurrency whales has sold all $ 1.97 trillion of PEPE tokens it held. The investor managed to make a profit of $ 3.49 million.

Later, the user reallocated the funds between several other cryptocurrencies, including Shiba Inu (SHIB), Decentraland (MANA), The Sandbox (SAND), and Gala (GALA). The whale’s strategy of reallocating funds looks carefully calculated, and the purchases are distributed across the entire spectrum of new and existing digital currencies.

In particular, the investor has purchased 75.9 billion SHIB tokens worth $ 893,000, 1.6 million MANA tokens worth $ 1.07 million, 2.43 million SAND tokens worth $ 1.48 million, and 36.88 million GALA tokens worth $ 1.46 million. This move is typical of large investors who spread their bets across a variety of assets in the crypto space. This way, they can take advantage of the unique opportunities offered by each coin.

This demonstrates the investor’s approach to allocating investments between different categories of cryptocurrencies — from meme coins (which use social media trends and community support) to tokens that underpin virtual worlds and decentralized gaming ecosystems.

Despite the skeptical attitude of some market participants, the PEPE memtoken continues to demonstrate successful growth. On the morning of February 28, the price of PEPE updated its historical high, dropping by several percent afterwards. Well-known crypto traders and analysts remain positive about PEPE’s prospects. Bluntz Capital believes that memecoin has completed its correction and started a new upward movement.