“How a Whale Turned $27 into $52 Million with PEPE”

Since the crypto market took a bullish turn following the victory of Donald Trump in the US elections, many inactive accounts have become active again to take advantage of the rally. One of these accounts is a PEPE holder who managed to turn his $27 investment into $52 million thanks to PEPE tokens. Remarkably, this was not a short-term investment; this inactive PEPE whale had held his tokens for two years.

From $27 to $52 million – an incredible return

According to a post by Lookonchain, the crypto whale was inactive for 600 days before becoming active again in the crypto market. At that time, he bought 2.1 trillion PEPE tokens for just 0.0135 ETH, then worth $27. Thanks to the strong performance of the token this year, this investment is now worth $52 million, resulting in a staggering return of 1,900,000x.

The whale still owns all his tokens, but recently transferred them to a new wallet address. In addition to this PEPE whale, there are other traders who have made significant profits with PEPE. For example, another trader turned $70 into $7 million by following the same strategy: holding onto his tokens for two years.

The story of this PEPE whale shows how trending memecoins can yield huge returns. However, these coins are often volatile and risky, making a good trading strategy essential. While these traders have made huge profits, it remains important to understand the risks before investing in such tokens.

Can the PEPE price reach $1?

With more and more crypto users becoming millionaires thanks to memecoins, curiosity is growing as to whether PEPE can reach the $1 mark. The token had one of the most bullish performances this year, with a rise of 1606% in YTD. It recently reached an All-Time High (ATH) of $0.00002825 and is currently trading at $0.00002397, with a market capitalization of $10.08 billion. For PEPE to reach $1, the value would have to increase by 4.13 million percent, which seems virtually impossible without an exceptional bull market.

Although $1 seems unlikely, the PEPE rally could continue, especially as the token has been moving in a strong cup-and-handle pattern for months.

In the crypto market, it’s important to employ good strategies to deal with volatility and changing trends. This PEPE whale followed a simple but effective approach: identifying promising tokens, buying at a low level, and holding for the long term. In conclusion, these three steps have earned the trader millions, making him an example for the entire crypto community.