The post Memecoin Trader Bags 31X Profit Through Pepe ($PEPE)! appeared first on Coinpedia Fintech News
Today, a whale deposited 356.2 billion PEPE memecoins worth $7.3 million to the Kraken cryptocurrency exchange. With this transaction, this trader has booked a massive $7.3 million profit or 31x return on its investment. According to sources, on 20th September 2023, this whale withdrew 375.65 billion PEPE tokens from the Gemini cryptocurrency exchange for only $237,000. Moreover, by 17th February 2024, this trader stared booking profits through the decentralized crypto exchange. Reportedly, this trader has sold Pepe memecoins worth $7.54 million this year.