Despite the fact that the meme coins were born out of internet jokes and a lack of utility, they have ultimately established themselves as major players in the cryptocurrency market.
This particular event might seem an isolated, lucky incident in the meme coin world, but it’s not. In a similar event, another Whale made a whopping $52 million by investing just $27 in the same coin. Such stories not only read exceptional, but also fuel the speculation and interest that further fuels the meme coin market.
This interest is reflected in the Whale community’s market actions. For example, in the first week of August 2025, all the Whales who already had PEPE coins worth $1 million or more increased their holdings. This means they are confident in the coin’s short-term and long-term potential.$PePe
