Altcoin Whale Could Make Hundreds of Thousands of Dollars Thanks to Meme Coin

A cryptocurrency whale can make hundreds of thousands of dollars thanks to Pepe (PEPE), one of the biggest meme coins.

A whale tracked by Lookonchain crashed into Binance at night. 2 trillion PEPE worth $2.74 million deposited.

PEPE, inspired by the Pepe the Frog meme, entered the market in April 2023. According to CoinGecko data, PEPE is the largest meme coin after DOGE, SHIB and BONK, with a market value of $ 563 million.

The whale spent 920 stETH and 253 WETH to purchase a total of 2.01 trillion PEPE between May 5 and September 10, 2023.

According to Lookonchain’s calculation, by selling the meme coin today, the whale can earn approximately 705 thousand dollars.

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