A crazy crypto story: how a man turned $PEPE from $27 to $56 million, but can't sell
The guy who bought Pepe:
In April 2023, an anonymous trader bought 2.51 trillion. Armed with only 0.013 ETH, approximately $27 at the time, he managed to acquire an astounding 2.51 trillion tokens $PEPE at a price of $0.00000001080 per coin. Pepe tokens (PEPE) for $27 when the market capitalization of the memecoin was only $2 million. His wallet was locked, locking his tokens. Then, after a bar fight landed him in jail for four months. While behind bars, the Pepe craze took over. Fueled by meme culture and a rabid online community, the token's market capitalization skyrocketed to over $1 billion by May 2023, peaking at $1.6 billion. Early buyers became millionaires overnight, and the coin even got listings on major exchanges like here on Binance. Emerging to discover that the value of Pepe had increased, his holdings were now worth over $56 million by the end of 2024. But, what's the catch? He still cannot sell. This strange mix of luck, chaos, and an untouchable fortune has turned him into a crypto legend, debated online as a genius or as a cautionary tale. You never know what tomorrow will bring, trade $PEPE now before the journey to the moon begins.