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One lucky trader has reportedly made over $46 million in profit from their Pepe trade in the past year.
As this success story receives mainstream attention, some analysts are now setting their sights on Dogeverse as a meme coin that could potentially follow in PEPE’s footsteps.Imagine turning just a few thousand dollars into a life-changing fortune of $46 million.At the time, PEPE was just a tiny blip barely registering on the radars of meme coin investors.The trader then systematically sold portions of their token stash, realizing around $7.4 million in profits by offloading 1.41 trillion PEPE.
Yet, even after those massive sales, they still hold 3.5 trillion tokens valued at almost $39 million.While returns like this are essentially winning the “crypto lottery,” they demonstrate the immense wealth-building potential that meme coins can offer.It’s been a phenomenal week for PEPE as the meme coin frenzy hit a boiling point.The rally appeared to be fueled by the return of Keith Gill, better known as “Roaring Kitty” from the GameStop saga, which reignited interest in “meme assets.
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