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Meme Coin Trader Strikes Gold With Staggering 38,675% Profit On $PEPE Investment

A cryptocurrency trader with a penchant for meme coins has managed to reap an astounding 38,675% profit on a new contender in the meme coin arena, rivaling the likes of Dogecoin ($DOGE) and Shiba Inu ($SHIB), according to data from the blockchain.

Blockchain analysis firm Lookonchain reports that the trader acquired a staggering four trillion units of the Pepe ($PEPE) meme coin for 2.1 Ethereum (ETH), equivalent to $4,410 at the time of purchase.

The data indicates that the trader subsequently sold a substantial portion of the four trillion Pepe, with a balance of less than one trillion remaining. In total, the trader’s realized and paper profits amount to a jaw-dropping $1.71 million.

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