How a Memecoin Investor Turned $26 Into $61.5M?

Quick Summary:

Though the hype begins with internet memes and humor culture, it entered the market with a high-risk, high-reward nature.

Amid the popular cryptos like Bitcoin, Ethereum, and others, memecoins have created a unique fan following.

This whale spent 1,173 $ETH($2.04M) to buy 2T $PEPE from May 6 to September 10, 2023, and currently has 1.5T $PEPE($36M) left.

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Article Details

Author / Journalist: Pooja Khardia

Category: Crypto

Markets: India

Topics: PEPE price rally Memecoin investor 24/7 Cryptocurrency News Memecoins to buy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 08:30:31 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 619 words

Reading Time: 4 minutes read

Sentences: 45 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23582634

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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