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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Becomes a Millionaire in 10 Days with 12 Thousand Dollars: Pepe Equivalent Meme Coin Has Big Impact!
An anonymous trader got involved early in the meme coin rush and managed to make $1 million from $12,000 in 10 days.
Data provided by the on-chain data platform Lookonchain revealed how an anonymous investor achieved millionaire status in a short time.
The trader bought 13 billion Pepe (PEPE) and 0.06 Ethereum (ETH) worth approximately $12,000 on June 13. He then exchanged these assets for a meme token called BITCOIN, which is currently $0.02 each.
Continuing his transactions on June 28, the anonymous trader realized that the PEPE2.0 rush, the fake version of PEPE, had begun, and converted 400 thousand BITCOIN to 6 trillion PEPE2.0. Then the investor started providing liquidity for PEPE2.0.
Continuing his transactions at short intervals, the trader continued to buy PEPE2.0 on June 30 and July 2, increasing the amount he held.
The trader, who spent a total of $ 90 thousand to buy PEPE2.0, took advantage of the price increase and turned 2.3 trillion PEPE2.0 in total into 215 Ethereums worth approximately $ 398,000 on July 7. The trader also sold a total of 5.2 trillion PEPE2.0 for approximately $614,000. In addition to this, he also disposed of some other meme coins in his wallet.
After these transactions, the investor's portfolio reached 1 million dollars from 12 thousand dollars in about 10 days.
According to DeBank data, the investor currently has 2.7 trillion PEPE2.0 worth 398 thousand dollars, 107 ETH worth 200 thousand dollars, PEPE worth 152 thousand dollars, BOBO worth 131 thousand dollars and PEPE3.0 worth 35 thousand dollars.
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