PEPE, one of the most talked about meme coins since the day it was released in April 2022, has reached its ATH as of today. PEPE, which also surpassed $0.0000073, has increased by more than 500% in the last 2 weeks.
Even the investor who bought at the peak made a profit
PEPE has risen so much that even an investor who bought this meme coin at its peak in 2023 made a serious profits. According to on-chain tracking platform Lookonchain, a trader who bought 600 billion pieces of PEPE worth $1 million at the highest price in 2023 made a total profit of $3.35 million after 10 months of waiting.
The trader transferred 200,000 of his tokens to the Binance exchange and most likely made a profit by selling. The value of these tokens was $1.48 million. The investor still holds 400 billion PEPE tokens worth $2.9 million.
Meme coin craze continues
PEPE and meme coins such as SHIB, BONK, WIF, FLOKI continue to increase significantly. Shiba Inu, the meme coin of a time, which was bought in a mania, increased by 20% today. It is noteworthy that Dogecoin, which Elon Musk supports, has not yet been able to keep up with these rises.