An account tracking the cryptocurrency blockchain network, “Look on Chain,” revealed that an investor achieved astronomical paper profits that exceeded 11,000 times the size of the original investment, after purchasing a comical cryptocurrency called “PEPE.”
This man spent just $3,000 to buy the $4.9 trillion cryptocurrency PEPE meme less than a year ago, but his investment turned into a huge fortune, currently worth $32.8 million.
He sold 760 billion PEPE ($2 million) and currently owns $4.15 trillion PEPE ($30.8 million), and is the 13th owner of the cryptocurrency.
His total profits from the cryptocurrency, which significantly outperformed Bitcoin over the past month, amounted to approximately $32.8 million, a gain of 11,077 times the size of his primary investment, after PEPE rose by 690% during the last 30 days only.
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